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Super Micro Computer has announced a 10-for-1 stock split amid disappointing earnings results. The company's shares fell 12.3% in premarket trading due to concerns over high production costs for AI server chips, which have negatively impacted profit forecasts. The gross profit margin for the most recent quarter dropped to 11.3%, down from 17.1% the previous year. Increasing competition from companies like Dell and Hewlett Packard Enterprise in the AI hardware integration space is further pressuring Super Micro's margins.
Super Micro Computer earnings decoded, in brief: 🔍💼 https://t.co/UDyy7wGxwC $SMCI 🎙️ @DrillDownPod #DrillDownEarnings @FuturumGroup #DDE #Super Micro Computer
Unpacking Super Micro Computer earnings: IS #AI the drive we thought it was? 📦💰 https://t.co/S3l7vM0yo4 $SMCI 🎙️ @DrillDownPod #DrillDownEarnings @FuturumGroup #DDE #Super Micro Computer
A quick analysis of Super Micro Computer's latest earnings report. 🌊📊 https://t.co/UDyy7wGxwC $SMCI 🎙️ @DrillDownPod #DrillDownEarnings @FuturumGroup #DDE #Super Micro Computer
