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Barchart
Barchart
Wajeeh Khan

THE TRUTH ABOUT: Super micro computer just lowered its guidance again should you buy the dip in smci stock - The Untold Story

Super Micro (SMCI) shares slipped over 7% in Thursday trading after the company lowered its Q1 revenue forecast, citing delays in customer deployments for large-scale artificial intelligence (AI) deals. 

SMCI’s management now expects first-quarter revenue to come in at $5 billion only, well below the up to $7 billion it had guided for earlier and the $6.52 billion that analysts had expected.

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