SMCI stock price swings again as Super Micro slides despite $40 billion revenue outlook

New York, February 5, 2026, 15:41 EST — Regular session.

  • Super Micro shares dropped roughly 10% Thursday, giving back a portion of Wednesday’s gains
  • Company raised its fiscal 2026 revenue forecast to a minimum of $40 billion, though margins continue to be slim
  • Profitability remains front and center for investors amid growing concerns over AI spending in the sector

Shares of Super Micro Computer (SMCI.O) dropped roughly 10% to $30.36 by Thursday afternoon, after kicking off the day at $33.01 and briefly reaching $34. Nvidia (NVDA.O) slipped about 1%, while Advanced Micro Devices (AMD.O) tumbled around 5% amid volatile trading in AI-related hardware stocks.

The retreat erases some of Wednesday’s 13.8%…

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