Artificial Intelligence (AI) technology refers to a set of technologies and methods used to simulate, extend, and enhance human intelligence. It is an important branch of computer science, aiming to develop intelligent machines or software capable of performing tasks that typically require human intelligence, including but not limited to perception, reasoning, learning, decision-making, and self-correction. Since 2023, the AI industry has continued to receive significant attention.
"AI Monster Stock" shook the market. Super Micro Computer's revenue in the last quarter doubled and increased significantly, but profits fell short of expectations. The guidance is mixed with both positive and negative signals. The stock jumped nearly 20%
In the second quarter, Supermicro's revenue exceeded expectations, with a year-on-year growth of over 140%, while EPS profit was 23% lower than expected, and gross margin accelerated to its lowest level on record. In the third quarter, revenue guidance doubled, far exceeding expectations, and EPS guidance increased by over 110% but still lower than expected. Supermicro will undergo a 1-for-10 stock split on October 1st. After the financial report was released, Supermicro's stock rose more than 17% after-hours but fell more than 10% after reversing. More news will be continuously updated.
Magnificent 7: How Big Tech Stocks Have Moved Since Selloff Sparked by Recession Fears
Here Is the Next Potential Market Catalyst
Volatility Falls and Tech Climbs Tuesday | Wall Street Today
Sunrun Stock Is Surging After The Bell: What's Going On?
$1000 Invested In This Stock 10 Years Ago Would Be Worth $7,500 Today