Daily Earnings: Power shortages trap AI server deliveries | SMCI, CRWV, LITE | Aug 11

The artificial intelligence rollout has crashed into physical boundaries, shifting the industry bottleneck from silicon acquisition to localized electrical grids, liquid cooling constraints, and real estate deficits.* SMCI (Super Micro Computer) missed top-line estimates because clients lacked the power infrastructure to accept deliveries.* CRWV (CoreWeave) is capitalizing on severe data center space shortages by leasing 2020-era chips to 2029.* LITE (Lumentum) exposed the astronomical scale of network glass and cabling required to link new facilities.Investors trading strictly on headline numbers risk misreading temporary accounting illusions, as delayed hardware shipments artificially inflated gross margins across the supply chain this quarter.