Super Micro shares decrease on two billion dollars transferred debts

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Super Micro computer in San Jose, California, on December 3, 2024.

David Paul Morris Bloomberg Gety pictures

Super micro computer The shares fell about 10 % on Monday after the server maker said they planned to make $ 2 billion of convertible notes, and matured in 2030.

The company’s shares often fall into the announcement of a convertible offer because the final conversion to property rights can reduce current shareholders ’shares.

Super Micro, who has seen her business boom due to high demand Nafidia He said artificial intelligence treatments, in a press release It plans to use revenues from the “public companies’ purposes, including financing the capital for growth and business expansion.” She also said that she would spend about $ 200 million to purchase her shares from the exporters of notes.

Even after Monday, the Super Micro shares have become nearly 40 % so far in 2025, when the company remains one of a handful of server makers that can sell systems based on new foil from NVIDIA, Advanced small devices and Intel Shortly after starting the shipment. Wall Street looked at the arrow as a pure play that will be estimated with Tech Megacap companies, which are expected to spend hundreds of billions of dollars on databases to support the burdens of artificial intelligence work.

Super Micro also got a major contract with a data center in the Kingdom of Saudi Arabia President Donald Trump He visited the Middle East in May.

Raymond James wrote in a report last month saying that 70 % of the company’s revenues are attributed to artificial intelligence, Super Micro “as a pioneer in the market in improved infrastructure.” Analysts recommend buying stocks.

Investors were tired of Super Micro in March and April about concerns about customs tariffs, and in May I cut off Its financial instructions 2025 chose not to emphasize its previous expectations of $ 40 billion in sales of the financial 2026 due to the customs tariff and the uncertainty in artificial intelligence chips.

The arrow has regained some of these losses, but it is still trading much lower than its highest level for this year in February.

Super Micro 2024 was largely noisy because of Accusations An accounting violations, and he was forced to re -create financial statements with the Securities and Stock Exchange Committee in order to avoid deletion from Nasdak. Super Migurao It was also called a new auditorThe main financial director and named two members were named for its board of directors.

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