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Super Micro Has a $60 Billion-Plus Backlog--So Why Is the Stock So Cheap?
GuruFocus ·
GuruFocus reports: The AI server and data-center infrastructure provider, Super Micro Computer Inc. (SMCI, Financials), finds demand with ease. It's another problem entirely to persuade investors that all of that demand will result in long-term profitability. As hyperscalers and more recent cloud operators invest extensively in AI technology, the business has amassed a backlog of more than $60 billion. This pipeline provides Super Micro substantial exposure to the ongoing expansion of AI…