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via finance.yahoo.comBusiness & Companies

Super Micro won over $60 billion in orders: is the discount deserved?

FROM THE WIRE · FINANCE.YAHOO.COM

Super Micro Computer (NASDAQ:SMCI) has spent October fielding questions about a smuggling case. A contractor linked to the company pleaded guilty earlier this month to helping ship servers loaded with advanced Nvidia chips to China, Reuters reported. Prosecutors say the scheme…

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralA smuggling case involving Nvidia-chip servers offsets order growth and the low valuation multiple.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01A contractor linked to the company pleaded guilty to helping ship Nvidia-chip servers to China.
  2. 02The company says it was not named as a defendant and the case has not affected operations.
  3. 03Super Micro's expected earnings multiple sits far below the sector's.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Super Micro Computer, Inc.SMCIStock32.27 USD+0.77%today +2.02%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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