While some customers may be waiting to purchase servers until Super Micro’s products come with Nvidia Corp.’s new Blackwell chip, “uncertainty related to tariffs and macroeconomic concerns may also be weighing on near-term demand,” Woo Jin Ho, an analyst at Bloomberg Intelligence, wrote in a note.

Super Micro Computer Inc. gave a sales forecast in the current period that fell short of estimates, disappointing investors after the server maker last week released lackluster preliminary quarterly results for the previous quarter.

The company lowered its forecast for the fiscal year and came up short with its outlook for the current quarter.