Super Micro (SMCI) Slashes 8.7% as Revenues Seen to Fall

We recently published 10 Stocks Slump Amid Wall Street Cheer; 2 Hit Rock Bottom. Super Micro Computer, Inc. (NASDAQ:SMCI) is one of the worst performers on Thursday.

Super Micro extended losses to a third day on Thursday, shedding 8.72 percent to close at $47.92 apiece as investors sold off positions following weak preliminary results that missed its own previous guidance.

In a statement, Super Micro Computer, Inc. (NASDAQ:SMCI) announced that it would likely report $5 billion in revenues for the first quarter of fiscal year 2026, lower than the $6 billion to $7 billion as expected previously.

The company said “design win upgrades” pushed some expected revenues in the first quarter to add up to the second quarter of the fiscal period.

“Supermicro is seeing outstanding levels of customer engagement for newly released AI liquid cooled solutions, along with numerous key customers ramping large, multi-quarter, volume deployments. We see customer demand accelerating, and we are gaining AI share, reiterating revenue of at least [$33 billion] for [fiscal year] 2026 with the expectation of delivering more,” said Super Micro Computer, Inc. (NASDAQ:SMCI) President and CEO Charles Liang.

Official results are scheduled to be released after market close on November 4, 2025.

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Disclosure: None. This article is originally published at Insider Monkey.