- SMCI gatherings for more than 20 % after submitting reports.
- Nasdak gave the Data Center server until February 25 to submit reports from last year.
- Super Micro presented 2024 k and two financial reports 2025 10-e last year in innocent on Tuesday.
- The market is still recovered to issue NVIDIA profits after the market was closed on Wednesday.
Super small computer (SMCI) It has proven again why you have a good reputation for being a volatile stock.
After it decreased by 11.8 % on Tuesday in the regular session, with the market expecting to be absent from the deadline for providing the necessary organizational models to remain listed on the Nasdaq Stock Exchange, Super Micro published the results of the updated profits after closing the last day of the deadline. SMCI shares rose by more than 21 % on Wednesday in the aftermath of deposits, as the shares of shares from retail traders rejoice in their luck.
The market is declining late from Wednesday’s session, where the great expectation is expected to release it Nvda (NVDA) Profits. NVIDIA is a pioneer in artificial intelligence chips (AI) and one of the most important suppliers of graphics processing units used in Super Micro Data Center servers.
The DJIA industrial average decreased by 0.6 % at the time of writing this report, while the Nasdaq Stock Exchange has abandoned 0.2 % of the Earth.
Super computers news
Like a student student, Super Micro presented the late annual report in the fiscal year 2024, which includes the four quarters that ends on June 30 of that year. In addition, a quarterly reports were submitted for the first and second of the second of 2025 (Al -Arbaa that ends on September 30 and December 31 of 2024) with the Securities and Stock Exchange Committee (SEC).
The results were in line with the previous but informal results that were reported during the past six months.
Saga began when the Hindenburg Research, a famous short seller in Wall Street, began to manipulate accounting data and the use of relevant family companies in Taiwan as suppliers without transferring this information to the directors of the directors.
The short report sent the SMCI shares that suffer in August 2024 because it appears to be a restoration of what happened more than five years ago. Super Micro Stock was removed in 2019 on the repercussions of this previous chaos before it was re -implemented in 2021.
In the aftermath of the short report of Hindenburg last summer, Super Micro decided not to issue its annual report of 10 km to investigate his books. The auditor of its auditor, Ernst & Young, resigned in October what he called Super Micro’s after raising great concerns about the company’s accounting practices, internal controls and the independence of the council.
Then BDO rented as a new reference last November and immediately asked Nasdak to set up its files.
On Wednesday, Loop Capital raised its target price on Micro Super Micro quickly to $ 70. The shareholders are very happy to meet SMCI on the deadline on February 25, even if it is at the last minute.
In the Reddit’s R/SMCIDISCSION community, one of the users under the title “Damnburg” wrote: “I have put SMCI via hell because of your report and in all respects it has proven wrong.”
Others were less happy. Another Reddor wrote, “Frankly, I am angry at this stage.
In fact, the SMCI arrow erupted to the highest level of the day of $ 56.19, but it did not come close to the highest level on February 19 at $ 66.44. SMCI rose 66 % over the past month, but it still decreased by 48 % during the past year.
SMCI stock forecast
Super Micro put a boy’s pattern for the candle on Wednesday. This is when the second candlestick is in the stereotypes below the conclusion of the long red candlestick, but it is followed by a gap in the third large green candlestick that closes over the first open candlestick.
This must mean that the assembly is followed in subsequent sessions, although in this case it may depend on the result of NVIDIA profits for the fourth quarter.
Support sits much lower in the region of $ 25.71 and $ 28.00, which withstood in late January and early February.
SMCI daily stock scheme