Super Micro falls after BlueFin flags big contact loss with Oracle

Shares of Super Micro (SMCI) are moving lower after BlueFin Research said the company lost a “significant contract” with Oracle (ORCL). Shares of Super Micro are down 8%, or $2.27, to $26.91 in morning trading. BlueFin’s supply chain checks indicated Super Micro lost a contract with Oracle for NVidia (NVDA) GB300 NVL72 racks. Industry sources noted Oracle canceled 300-400 racks from Super Micro at an estimated $3.5M per rack or $1.1B-$1.4B in total, the firm says. Bluefin also hears that Super Micro’s xAI business “has slowed” and that the company has excess B200 GPU inventory.