AI Server Maker Super Micro Computer Expects Steady Demand, Beats Wall Street Estimates
San Jose, California – Super Micro Computer, a leading AI server maker, reported third-quarter revenue below analysts’ estimates due to fierce competition in the server-making industry. Despite the setback, the company remains optimistic about its fourth-quarter revenue outlook, projecting it to exceed expectations driven by a steady demand for its AI servers. The company’s stock, which has experienced a significant increase in value this year, dropped nearly 8% in after-hours trading following the announcement of …