AI giant stocks plummet by 20%! Leading the collapse of the US stock market! Supermicro Computer plummeted by 20.14%. Supermicro Computer announced that its sales revenue for the fourth quarter of fiscal year 2024 was $5.31 billion, a year-on-year increase of 143.6%, but fell short of market expectations of $5.32 billion; Adjusted earnings per share were $6.25, lower than AMD's previous forecast and analysts' average expectation of $8.25. The financial report shows that despite strong demand for its AI GPU platform, the company's overall gross profit margin has decreased from 17.01% in the same period last year to 11.23%. The main reasons for the decline include changes in product portfolio, price competition, and increased initial costs for new DLC AI GPU clusters. The company's operating profit margin in the fourth quarter was also lower than expected, mainly due to an increase in the proportion of ultra large data center business and delayed revenue caused by a shortage of key new components. Looking ahead, Supermicro Computer expects its revenue and earnings per share for the first quarter of fiscal year 2025 to exceed market expectations, and plans to reduce production costs by increasing production capacity and expanding business scale. Along with the financial report, a 1:10 stock split plan was also announced.