With a market cap of $22.6 billion, Super Micro Computer (SMCI) is a key player in the technology sector. It specializes in advanced server solutions, addressing the increasing needs of data centers,

Super Micro Computer (SMCI) came in below Street estimates in its fiscal second quarter and lowered its guidance for the full year on Feb. 11. The artificial intelligence (AI) server company now sees up to $25 billion in revenue in its current fiscal year – down significantly from the as much as $30 billion it had guided for earlier.

Super Micro Computer Inc. (NASDAQ: SMCI) saw its stock drop over 3% in after-hours trading Tuesday after lowering its full-year revenue guidance and reporting preliminary Q2 results that missed Wall Street estimates.