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High-flying Super Micro slides as margin squeeze clouds upbeat sales forecast – CNBC TV18
[ad_1] Shares of AI high-flier Super Micro Computer tumbled to a six-month low on Wednesday as a faster-than-expected contraction in the server maker’s gross margin overshadowed a robust sales forecast. The company reported an adjusted gross margin of 11.3% for the fourth quarter, down from 17% a year earlier, and below analysts’ average estimate of […]