Before You Chase SMCI’s SpaceX Rally, Remember This Rocket Has Misfired Before The recent surge in Supermicro (SMCI) stock has investors abuzz, but beneath the surface lies a more complex story that warrants closer examination.
The partnership with SpaceX and improving gross margins have contributed to the company's growth prospects, but investors should exercise caution before jumping in.
Supermicro's revised guidance on gross margins, which now expects to land between 15% and 17%, is an improvement from previous estimates.