Mizuho suspended the firm’s rating and price target on Supermicro (SMCI) citing the lack of full financial details and audited statements. While Supermicro is growing its sales 100% year-over-year as an artificial intelligence leader positioned to ramp on Nvidia’s (NVDA) Blackwell, there are near-term there are uncertainties with November 16 Nasdaq approval and audited annual filing, the analyst tells investors in a research note.
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