Super Micro Stumbles After Missing Market's High Expectations.

Super Micro Computer Inc. experienced a significant drop in pre-market trading after reporting quarterly sales that fell slightly short of expectations. Despite the company's revenue in the fiscal third quarter climbing to $3.85 billion, just below the consensus estimate of $3.86 billion, investors were disappointed as they had high expectations for the server maker's business benefiting from AI-related demand. Super Micro's growth rates have been increasing due to deals with large corporations and an improved supply of high-powered chips, but concerns remain about potential competition from Nvidia Corp. The company's revenue in the next quarter is projected to be between $5.1 billion and $5.5 billion, higher than analysts' average estimate of $4.73 billion. [Extracted from the article]