Yazılar

Super Micro Shares Fall After Forecasting Q4 Revenue Below Estimates Amid Tariff, Spending Concerns

/in /tarafından

Super Micro Computer (SMCI.O), a leading AI server manufacturer, projected fourth-quarter revenue below Wall Street expectations, causing its shares to drop 5.4% in after-hours trading on Tuesday. The company cited economic uncertainty, tariffs, and delayed customer spending as near-term headwinds.

The San Jose-based firm forecast Q4 revenue between $5.6 billion and $6.4 billion, falling short of analysts’ average estimate of $6.82 billion, according to LSEG data. The company has benefited from surging demand for AI data center infrastructure, leveraging chips from Nvidia, AMD, and others, but has also faced accounting issues in recent months that sparked delisting concerns on the Nasdaq.

Despite some clients delaying purchases, Super Micro expects those deferred deals to materialize in the June–September quarter. However, investor sentiment remains cautious, particularly in light of growing concerns about AI investment slowdowns and tariff-related impacts.

Kim Caughey Forrest of Bokeh Capital Partners suggested the lowered guidance might be self-inflicted, rather than purely market-driven, while D.A. Davidson’s Gil Luria noted the possibility that Super Micro may be losing market share to competitors like Dell, rather than signaling a broader downturn in AI infrastructure demand.

For fiscal year 2025, Super Micro revised its revenue forecast downward to $21.8 billion to $22.6 billion, from a previously expected $23.5 billion to $25.0 billion.

The company had released preliminary results last week, but the lower guidance and uncertain macroeconomic environment continue to weigh on investor confidence.

Datadog Raises 2025 Revenue Outlook as AI-Fueled Cloud Security Demand Surges

/in /tarafından

Datadog has raised its full-year 2025 revenue forecast and posted better-than-expected first-quarter sales, propelled by strong demand for AI-driven cloud security and monitoring tools and a growing base of large enterprise clients.

The cloud infrastructure and observability provider now expects 2025 revenue between $3.22 billion and $3.24 billion, up from its earlier range of $3.18 billion to $3.20 billion, and above Wall Street’s $3.20 billion consensus, according to LSEG.

Datadog’s first-quarter revenue rose 25% year-over-year to $761.6 million, beating analyst expectations of $741.5 million. Adjusted earnings came in at 46 cents per share, also topping forecasts of 43 cents.

CEO Olivier Pomel highlighted rapid innovation across the Datadog platform, stating the company is helping customers “observe, secure, and act” in cloud environments increasingly shaped by artificial intelligence.

Datadog also announced the acquisition of Eppo, a feature flagging and experimentation platform, to enhance its AI and analytics capabilities and support faster, lower-risk product development.

Newer services like App Builder and On-Call are showing strong uptake, and security monitoring is gaining substantial traction among clients. Datadog ended the quarter with approximately 3,770 customers generating over $100,000 in annual recurring revenue, a 13% year-over-year increase.

Micron’s Shares Drop as Margin Forecast Dampens AI Prospects

/in /tarafından

Micron Technology’s shares dropped 8% on Friday after the company issued a disappointing margin forecast, overshadowing strong quarterly revenue expectations driven by growing demand for its semiconductors used in artificial intelligence applications.

Despite being one of only three major suppliers of high-bandwidth memory (HBM) chips for data-heavy AI tasks, Micron’s forecast for adjusted gross margin fell below expectations. The company cited lower pricing for consumer memory chips, particularly NAND flash, as a key factor affecting profitability. NAND flash memory chips, used in products like smartphones and personal computers, remain in oversupply due to aggressive buying during the pandemic, which has led to weak pricing.

Micron projected a third-quarter adjusted gross margin of around 36.5%, slightly below analysts’ forecast of 36.9%. This would represent a 3 percentage-point drop from the previous quarter. The company’s chief business officer, Sumit Sadana, acknowledged the ongoing challenges in the NAND market, with the oversupply continuing to put pressure on margins. Micron has also been reducing NAND production, which has led to underutilization and higher fixed costs per unit.

However, the company’s prospects in AI remain strong, with a forecasted revenue boost driven by high demand for its HBM chips, particularly from key players like Nvidia. Morningstar analysts highlighted HBM as a key growth driver for Micron, with AI and data center demand expected to continue.