Super Micro Computer (SMCI) has issued a warning that its fiscal third-quarter revenue will fall well short of expectations due to component shortages impacting its next-generation server products. The company now expects to report sales of about $1.28 billion for the quarter ended March 31, down from its previous forecast of $1.47 billion. SMCI blamed the supply chain challenges, which mostly have been resolved, and reiterated that it has secured several large design wins, but their orders were impacted by the component shortages.
Following the news, SMCI stock fell by as much as 9.4% to 97.21 after the opening bell and ended the regular session down 8.1% to 98.59.
