May 1, 2024, 11:23 AM
Apr 30, 2024, 8:23 PM
Super Micro's earnings disappoint, causing stock plunge
- Super Micro's earnings fall short of expectations due to decreased demand for traditional server semiconductors.
- AMD's revenue also suffers as enterprises prioritize spending on AI server chips over traditional ones.
- Stock prices for both Super Micro and AMD decline as a result.
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