After putting accounting controversies and Nasdaq delisting fears stemming from the delayed filings in the rearview mirror, Super Micro Computer (SMCI) had been on a strong recovery run this year. SMCI stock once again regained traction as investors bet big on its leadership in the artificial intelligence (AI) hardware space,

However, Super Micro appears to be gasping for air at the moment. On Tuesday, the tech specialist disappointed investors with its fiscal fourth-quarter results and weak quarterly earnings guidance. On the bottom line,

The stock of Super Micro Computer (SMCI) crashed 20% on Aug. 6 after the company reported weak financial results and offered disappointing forward guidance. Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.