Super Micro Computer reported quarterly earnings below market expectations and said shipment timing for key AI-server orders has been delayed, which pushed some projected revenue into later quarters. The company cited supply-chain adjustments and large-scale customer design-wins stretching into 2026. Shares fell after hours following the guidance shift. Analysts said the results underscore how timing of large hyperscaler orders can create volatility for server vendors even in a strong overall AI demand environment. Super Micro reaffirmed its long-term growth thesis but emphasised near-term caution.