Super Micro Computer (SMCI) announced Tuesday that it now expects to report first quarter revenue of about $270 million, compared to its prior guidance of $270 to $290 million. The consensus estimate is for revenue of $279.54 million.
Super Micro Computer gapped open slightly lower Tuesday and declined throughout the afternoon. Shares finished down by 1.33 at $9.31 on strong volume. The stock has been falling for the past 3 weeks and set a new low for the year.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.