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Server maker Super Micro fans AI spending worries with cuts to revenue, profit estimates

Channel News Asia LogoChannel News Asia1d ago

Server maker Super Micro fans AI spending worries with cuts to revenue, profit estimates - Channel News Asia

Quick Summary:

AI server maker Super Micro Computer on Tuesday cut its third-quarter revenue and profit expectations due to delays in customer spending, amplifying worries of a pullback in AI-linked investments and pushing its shares down 16 per cent.

Some analysts pinned the cut from Super Micro to its litany of internal issues.

"Tariffs may have nudged sentiment, but it's internal missteps — customer spending delays and missed expectations — that kicked the stock down the stairs".


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-30 @ 04:47:33 (1 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 565 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 28291558

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About Channel News Asia

Channel News Asia Logo

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 75 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 43 minutes ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

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