Super Micro Computer ( SMCI -3.14%) stock is seeing a significant pullback in Monday's trading. The server specialist's share price was down 3.8% as of 12:45 p.m. ET. At the same point in the day's trading, the S&P 500 was up 0.2% and the Nasdaq Composite was down 0.3%. The stock had been down as much as 10.4% earlier in trading.

The chip maker is expected to report a 59% jump in earnings and a 72% rise in revenue from a year earlier, when it p