Super Micro Computer (SMCI) shares slumped over 9% in extended trading Tuesday after the server and data storage provider 𒀰missed analysts’ expec𒆙tations for revenue in the third quarter of its fiscal year.

The 澳洲幸运5官方开奖结果体彩网:artificial intelligence (AI) hardware maker reported revenue of $3.85 billion, more than doubling from $1.28 billion in the same period a year ago amid a surge in demand for AI, but missing analysts' higher expectations of $3.93 billion. Diluted earnings per share came in at $6.56, up from $1.53 in the year-ago quarter and above estimates compiled by Visible Alpha.

Supe𝐆r Micro Computer raised its full-year revenue guidance to $14.7 billion to $15.1 billion, ♏up from $14.3 billion to $14.7 billion previously, saying it expects to gain market share as it ramps up new solutions.

Super Micro Computer has been a 澳洲幸运5官方开奖结果体彩网:beneficiary of the AI boom, with its stock more than tripling in value since the start of the year on expectations of AI-related growth, and 澳洲幸运5官方开奖结果体彩网:joining the S&P 500 in March.

However, the company’s share price came under pressure recently after it 澳洲幸运5官方开奖结果体彩网:declined toꦯ preannounce its earnings earlier this month, raising investor concerns.

Super Micro Computer shares were down 9.6% at $775.98 in extended trading as of 6:50 p.m. ET Tuesday following the earnings release.