A Mizuho analyst has brought back his coverage of Super Micro shares — but declines to recommend them, citing competitive challenges.

Super Micro Computer Inc. extended this week’s losses early Friday even after the artificial-intelligence server maker filed its delayed financial accounts in time to avoid delisting from the Nasdaq.Shares,

All of this halted spectacular momentum that had pushed the stock to a nearly 800% gain in the previous three years. Supermicro was one of the early winners of the artificial intelligence (AI) boom as it makes servers and other equipment critical to the operations of AI data centers.

Super Micro filed updated and audited financials with the Securities and Exchange Commission for its fiscal 2024, ending in June, and the first two quarters of the company's fisca

Key Takeaways Supermicro shares jumped 12% on Wednesday after the server maker submitted its delayed financial reports just ahead of a deadline yesterday to avoid being delisted by the Nasdaq. While the stock had logged four consecutive losing trading sessions leading into the filing deadline,

Super Micro Computer Inc. stock was falling on a crucial day for the artificial-intelligence server maker. The Nasdaq set Tuesday as the deadline for the company to file its already delayed financials for the full fiscal year ended June 30 and the three months ended Sept.

Super Micro (SMCI) stock fell roughly 10% Tuesday afternoon as the company approached its deadline from the Nasdaq to submit delayed regulatory filings in order to avoid delisting. Super Micro Computer makes server products using Nvidia's (NVDA) AI chips for data centers.

Super Micro CEO Charles Liang told investors that he was "confident" that the company could file those reports by Feb. 25, a deadline set by Nasdaq. The company could also ask for another extension of up to 180 days.