Super Micro Computer Inc. lowered its fiscal Q1 2026 revenue guidance on October 23, citing delayed deliveries from enterprise customers deploying large-scale AI server infrastructure. The company now expects sales between $3.6 billion and $3.9 billion, down from an earlier $4.1–$4.5 billion range. Management attributed the cut to project-timing adjustments rather than demand weakness, reaffirming full-year growth driven by accelerated computing and liquid-cooling systems. Shares dipped 6.3% in pre-market trading. Analysts believe backlog visibility and Nvidia-linked partnerships will stabilize performance as hyperscalers resume AI-hardware procurement in late Q4.