1 Troubling Number Super Micro Computer Investors Can't Afford to Ignore

Shares of Super Micro Computer (NASDAQ: SMCI) plunged last week after the company reported its latest earnings numbers. The business, also known as Supermicro, has benefited from strong growth in tech by providing servers, storage systems, and other necessary infrastructure for companies that are investing in artificial intelligence (AI) and upgrading their computing capabilities.In recent years, Supermicro has seen its sales explode due to the soaring demand it has experienced for its servers and AI infrastructure. And in just five years, this once-small stock with a market cap of about $1 billion in 2020, has grown to be worth nearly $30 billion today. At its peak, its valuation was nearly $70 billion.The company has been struggling of late, but the big problem isn't a new one. And its lack of earnings growth stems from one number that investors simply can't afford to ignore: its gross profit.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool