AI demand News

Supermicro's Stock Plummets 20% Amid Cooling AI Demand and Rising Costs Crisis

Super Micro Computer Inc. faces a nearly 20% stock drop after slashing Q3 forecasts, citing delayed orders and higher costs. Revenue now expected between $4.5B-$4.6B, down from $5B...

Supermicro's Stock Plummets 20% Amid Cooling AI Demand and Rising Operational Costs

Super Micro Computer Inc. (SMCI) shares fell sharply after the company lowered its Q3 revenue and earnings forecasts, citing delayed customer orders and higher costs. The stock dro...

Supermicro's Stock Plummets 20% Amid Cooling AI Demand and Rising Costs

Super Micro Computer Inc. shares fell nearly 20% after cutting its Q3 revenue and earnings forecasts, citing delayed orders and higher costs. The stock hit a low of $29.12.

Supermicro's Stock Plummets 20% Amid Cooling AI Demand and Rising Costs Shock

Super Micro Computer Inc. sees a nearly 20% drop in shares after revising its Q3 revenue and earnings forecasts downward, citing delayed orders and higher costs.

Supermicro's Stock Plummets 20% Amid Cooling AI Demand and Surging Costs

Super Micro Computer Inc. sees a 20% stock drop after lowering Q3 forecasts due to delayed orders and higher costs, highlighting challenges in the AI and server market.

Supermicro's Stock Plummets 20% Amid Cooling AI Demand and Rising Operational Costs

Super Micro Computer Inc. faces a nearly 20% stock drop after lowering its Q3 revenue and earnings forecasts, citing delayed orders and higher costs.

TSMC Reports Staggering 60% Surge in Q1 Net Revenue, Reaching $11.1 Billion Amid AI Boom

TSMC announces a 60.3% increase in Q1 2025 net income to $11.1 billion, driven by AI demand. Revenue grows by 41.6%, with advanced technologies like 3nm, 5nm, and 7nm leading the c...

Oracle's Q2 Revenue Surges 9% to $14.1 Billion, Despite Missing Market Forecasts

Oracle Corporation announced a 9% revenue growth to $14.1 billion in Q2 of fiscal 2025, with GAAP diluted earnings per share jumping 24% to $1.10 and net income rising 22% to $3.2 ...

Oracle's Q2 Revenue Surges 9% to $14.1 Billion: A Closer Look

Oracle Corporation announced a 9% revenue growth to $14.1 billion in Q2, slightly below market forecasts. The company's GAAP diluted earnings per share jumped 24% to $1.10, and net...

Oracle's Q2 Revenue Surges to $14.1 Billion: A Closer Look

Oracle Corporation reported a 9% increase in Q2 revenue to $14.1 billion, with GAAP diluted earnings per share jumping 24% to $1.10. The company's net income rose 22% to $3.2 billi...

Oracle's Q2 Revenue Surges to $14.1 Billion Amidst AI Boom

Oracle Corporation reported a 9% increase in second-quarter revenue to $14.1 billion, driven by a surge in AI demand. Despite this, the figure slightly missed market forecasts, lea...