Supermicro Announces Private Placement of $700.0 Million of New 2.25% Convertible Senior Notes Due 2028 and Amendments to Existing 0.00% Convertible Senior Notes Due 2029

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Go back to Supermicro Announces Private Placement of $700.0 Million of New 2.25% Convertible Senior Notes Due 2028 and Amendments to Existing 0.00% Convertible Senior Notes Due 2029

Lynx Equity Says Super Micro Computer (SMCI) Read-thru is Negative for Nvidia (NVDA), 'we think SMCI is poised for upside surprises'

February 12, 2025 9:15 AM EST

Lynx Equity Says Super Micro Computer (NASDAQ: SMCI) Read-thru is Negative for Nvidia (NVDA).

The analyst comments "At its earnings event yesterday, the Company made good progress in climbing out of the deep hole it finds itself in. Among the many announcements, forecasts and insights that management provided, none may be as relevant as the announcement that the company had succeeded in raising capital from private sources, the implication being savvy private investors appear to be comfortable with company financials, order pipeline and regulatory issues if any. And that ought to... More