Super Micro Computer reported Q3 earnings of 84 cents per share, beating estimates by over 35%, though revenue missed expectations at $10.24 billion. The company showed margin improvement and highlighted growth in its datacenter business. CEO Charles Liang emphasized the company's transformation and new U.S. manufacturing facilities to meet AI demand. For Q4, Super Micro expects adjusted EPS between 65-79 cents and revenue of $11-12.5 billion, above analyst estimates, driving a 16.56% stock price rise in after-hours trading.
Class action lawsuits have been filed against Super Micro Computer (SMCI), ImmunityBio (IBRX), and Pinterest (PINS) alleging that these companies made false or misleading statements and failed to disclose important negative information affecting thei...
Super Micro Computer (SMCI) reported better-than-expected Q3 results with revenue of $10.24 billion and net income rising to $483.4 million, driven by strong demand for AI-related products. The company’s backlog is at record highs and new manufacturi...
The YieldMax SMCI Option Income Strategy ETF (SMCY) offers a high 105.6% distribution rate through a synthetic covered-call strategy on Super Micro Computer (SMCI) without owning the stock. However, since its September 2024 launch, SMCY has underperf...
Dell Technologies shares surged 15% amid a broad rally in AI server stocks, driven by expectations of a strong fiscal Q1 2027 earnings report on May 28. Analysts predict Dell will beat revenue and EPS estimates and raise full-year guidance, supported...
