#supermicro

#supermicro

Super Micro Computer ( NASDAQ:SMCI ) was once a Wall Street favorite, riding the artificial intelligence (AI) wave with shares surging nearly 100% in early 2025. But investor trust eroded as revenues stalled and gross margins compressed amid execution issues and competition. Sales dropped 15% year over year in its fiscal 2026 first quarter to $5 billion, significantly missing the company's guidance range of $6 billion to $7 billion.

Supermicro informed customers in January that a researcher from Nvidia had discovered several BMC firmware vulnerabilities, including CVE-2024-10237, an image authentication issue that could allow an attacker to conduct malicious firmware updates. "An attacker can modify the firmware to bypass BMC inspection and bypass the signature verification process," Supermicro explained. A malicious firmware update would enable the attacker to gain complete and persistent control of the BMC and the operating system.