$SUPER MICRO COMPUTER INC(SMCI)$ Something that the bears are overlooking is that with the half reciprocal tariffs comes an advantage that SMCI has, the Malaysian factory wont be exposed to the tariffs when selling overseas. Its not like their going to manufacture them there and then send them to the US to then send it to overseas customers.
They will import the components and raw materials to the factory in Malaysia then manufacture there and send it out. It will not enter the US (attracting tariffs) unless its already going to a customer that has already paid for the increased costs.
Yes right now 60% of SMCI’s server customers are within the US however this may change to be around 50% with the increased production there will be more production capacity to fulfill our allies needs, this could very well increase margins as they can demand a premium high enough to attract a higher margin but low enough to undercut the price our competitors need to charge to sell their servers with the increased tariffs.
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