August 7, 2025
Tech News
Super Micro has experienced a significant setback as it reported fourth-quarter results that fell short of Wall Street expectations. Despite a robust server market, the company’s shares plummeted over 16% after it projected $33 billion in revenue for fiscal 2026, falling short of its earlier internal forecast of $40 billion, though slightly exceeding Wall Street’s consensus. The company posted revenue of $5.76 billion, missing analyst estimates of $5.89 billion.
In a different arena, Walt Disney’s ESPN platform has announced a groundbreaking deal, becoming the exclusive broadcasting home for all WWE events, including the highly anticipated WrestleMania, starting in 2026. This five-year, $1.6 billion partnership underscores Disney’s commitment to expanding its U.S. sports portfolio and streaming capabilities.
Meanwhile, sales automation startup Clay has successfully closed a $100 million Series C funding round, elevating its valuation to an impressive $3.1 billion. The latest investment, led by CapitalG, brings Clay’s total funding to $204 million, following a previous $1.5 billion tender offer. The company serves major clients such as OpenAI, Canva, and Anthropic, reflecting strong investor and enterprise confidence.
Lastly, shares of Advanced Micro Devices declined after the company reported underwhelming data center revenue. While revenue in that segment rose 14% to $3.2 billion, it lagged far behind NVIDIA’s 73% growth, prompting investor concern and a stock drop of approximately 4%. Analysts cite intensifying competition in high-performance computing as a key pressure point.
Tech Explained
Revenue – Revenue refers to the total income generated by a company from its business activities, such as sales of goods or services. For Super Micro, the revenue figure is crucial as it directly impacts investor confidence and stock prices.
Series C Funding – Series C funding is a later-stage round of funding in which a startup seeks to raise capital to scale its operations. Clay’s Series C round reflects its growth ambitions and trust from investors, boosting its valuation significantly.
Data Center – A data center is a facility used to house computer systems and associated components. The performance and revenue of Advanced Micro Devices are largely influenced by the efficiency and demand within data centers, especially with the rise of AI-related technologies.
