Super Micro Computer Inc. is widely expected by investors to meet its deadline to file its updated financial statements by Tuesday, but other hurdles still remain for the server maker.

Super Micro Computer Inc. may be reaching an inflection point as the deadline to report its delayed annual results fast approaches. The stock, trading under the ticker SMCI, was down 5.6% to $52.94 after having risen in the premarket session.

Founded in 1993, Super Micro Computer has long been one of Silicon Valley's most prominent makers of server and data center hardware. Nevertheless, the stock languished in relative obscurity, with shares practically flat from 2015 to 2021, until the emergence of ChatGPT in 2022 sparked an epic bull run to an all-time high of $119 in early 2024.