Is Super Micro Computer a Buy After Its Huge Earnings Dip?

By Jose Najarro – Aug 10, 2023 at 11:41AM

NASDAQ: SMCI

Super Micro Computer

Market Cap

$52B

Today's Change

(4.18%) $37.09

Current Price

$924.50

Price as of June 18, 2024, 2:27 p.m. ET

Super Micro Computer continues to benefit from the demand for AI servers, but supply chain problems may be too much for investors to handle.

In today's video, I discuss Super Micro Computing (SMCI 4.18%) and take a closer look at its recent earnings report, which caused its stock price to drop over 20%. Check out the short video to learn more, consider subscribing, and click the special offer link below.

*Stock prices used were the market prices of Aug. 10, 2023. The video was published on Aug. 10, 2023.

Jose Najarro has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Jose Najarro is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.