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

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.

A week after issuing disappointing preliminary results, Super Micro said in its earnings release that it could see an impact from President Trump’s tariffs.