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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk
SOXL 47.31-4.2%4:00 PM EDT
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To: My 2 Cents Worth who wrote (206561)10/23/2025 2:04:32 PM
From: #Breeze1 Recommendation

Recommended By
My 2 Cents Worth

   of 206680
 
"In a business update Thursday, the artificial-intelligence server maker said it now expects fiscal first-quarter revenue of roughly $5 billion, down from a prior range of $6 billion to $7 billion. Analysts were looking for $6.49 billion, according to FactSet.

The company pointed to a delay in customer delivery schedules, saying this pushed some revenue expected in the first quarter of fiscal 2026 to the second quarter.

Shares tumbled 6.7% to $48.97. Industry peers HP Inc. and Intel were up 0.9% and 1.1%, respectively. Super Micro was the second-worst performing stock in the S&P 500 on Thursday.

The company otherwise reaffirmed its outlook, saying it still anticipates fiscal-year revenue of at least $33 billion. This compares to a $31.94 billion forecast on Wall Street."
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