Super Micro Computers (SMCI) will miss consensus *NOT CLICKBAIT
Posted: Apr 30, 2024
- SMCI did not pre-announce their financial earnings as usual, causing a 22% drop in their stock and a 10% drop in Nvidia's stock - Hans Mosesmann from Rosenblatt Securities downgraded SMCI's ESP estimates by 30% last minute - Mosesmann has a strong track record as a semiconductor industry analyst, and accurately downgraded SMCI's estimate before the Q1 2023 earnings call
Summarized top reddit comments: - Comments discussing potential market reactions to Super Micro Computers missing earnings - Encouragement to share investment positions related to the stock - Warning about the high risk of investing in ATM puts for SMCI - Mention of increased spending on AI chips by major companies impacting Super Micro Computers - Caution about the stock trading at a premium and potential negative catalysts - Comparison of SMCI's chart to Meta's reaction after earnings.
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