Bull case
I've been looking at Supermicro lately and trying to wrap my head around whether the risk/reward makes sense. The accounting drama seems to have settled down, but I'm curious what people who are actually bullish here are thinking.
Specifically:
- What's the growth story going forward? Is it purely an AI server play, or are there other verticals worth paying attention to?
- How do you think about competition from Dell and HPE eating into their share?
- Does the direct liquid cooling angle actually give them a durable edge, or is that a commodity feature over time?
- Anyone have a sense of where institutional sentiment sits right now post-restatement?
Not looking to FUD the stock, genuinely trying to understand the thesis. What am I missing if I'm skeptical?