Turbulence at Super Micro: Opportunities for Dell?

The American company Super Micro Computer is currently experiencing tough times after its auditor, Ernst & Young, resigned from the mandate. This development led to a dramatic stock plunge of 33% and a further decline of 12%. Amidst these turbulences, analysts see opportunities for competitor Dell Technologies, another manufacturer of AI servers. Dell has already recorded a 6% increase, and analyst Jordan Klein from Mizuho perceives further potential for the stock. He emphasizes that customers who do not want to take risks associated with possible financial or time delays at Super Micro will look for alternative suppliers like Dell. Klein therefore expects growth at Dell in the coming quarters and recommends buying in during any share price weaknesses. The situation is particularly critical for NVIDIA, a significant supplier to Super Micro, which might pay the price for their financial instability. NVIDIA might be forced to diversify its supply chains, which could also benefit Dell. This would provide Dell the opportunity to secure lost major customers from the cloud sector and strengthen its market position in AI servers.