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Super Micro Computer cuts Q3 forecasts, shares drop 16%, amid spending delays and trade tensions.
Super Micro Computer, a leading AI server manufacturer, slashed its third-quarter revenue and profit forecasts due to delayed customer spending and global trade tensions.
Shares dropped over 16% in after-hours trading.
The company now expects lower earnings and revenue than previously forecasted, raising concerns about a potential decrease in AI-related spending amid economic uncertainties and trade wars.
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Super Micro Computer recorta las previsiones para el tercer trimestre, las acciones caen un 16%, en medio de retrasos en el gasto y tensiones comerciales.