From CNBC: 2025-02-11 17:59:13

Super Micro Computer CEO Charles Liang gave optimistic commentary for fiscal 2026 and delayed annual report, overshadowing slashed fiscal 2025 revenue guidance. The company expects $40 billion in revenue for fiscal 2026, but reduced fiscal 2025 revenue guidance to $23.5-$25 billion. Shares rose 10%, despite weaker-than-expected guidance for the current period.

Super Micro is diligently working to meet the deadline to file delayed reports as it faces the possibility of a Nasdaq delisting. The company’s rollercoaster ride began after Hindenburg Research revealed a short position in the stock. Super Micro’s auditor quit in October, citing governance issues, leading to a drop in share price and potential delisting from the Nasdaq exchange.

Super Micro’s prime position in the artificial intelligence world saw a surge in stock prices. Recent reports and commentary suggest that tech megacaps like Meta, Amazon, Alphabet, and Microsoft plan to invest over $320 billion into AI projects in 2025. Despite the rollercoaster ride, Super Micro’s stock has seen a 27% increase in 2025.



Read more at CNBC:: Super Micro ‘confident’ it will meet SEC deadline