Super Micro Computer's shares surged 19% in after-hours trading following the release of its fiscal third-quarter results. While the company reported revenue of $10.24 billion, below the expected $12.33 billion, its adjusted earnings per share of 84 cents exceeded the 62 cents forecast. For the fiscal fourth quarter, Super Micro expects earnings between 65 to 69 cents per share and revenue between $11 billion to $12.5 billion, beating analyst estimates. The company, a key player in AI server markets using Nvidia GPUs, recently cut ties with a co-founder implicated in a federal indictment related to illegal server exports to China. Despite these challenges, Super Micro is expanding manufacturing capacity in Silicon Valley to meet growing AI demand.
Last week, ETFs focused on single-stock options, crypto mining, and energy commodities delivered the highest returns. The YieldMax SMCI Option Income Strategy ETF topped the list with an 18.2% gain, driven by synthetic covered-call exposure on tech s...
Supermicro has unveiled its H15 server portfolio powered by 6th-generation AMD EPYC 9006 series CPUs, optimized for next-gen AMD Instinct GPUs and AMD Pensando networks. These servers offer up to 256 cores and 512 threads, delivering 1.7x performance...
Supermicro unveiled its H15 server portfolio powered by 6th Gen AMD EPYC 9006 Series CPUs and AMD Instinct GPUs, designed to enhance cloud, enterprise, storage, HPC, and AI workloads. These servers offer up to 256 cores, 512 threads, and significant ...
Super Micro Computer (SMCI) has been upgraded to a Buy rating due to renewed AI-driven capital expenditure and a strong preliminary Q4 business update. Despite revenue being at the lower end of guidance, SMCI's gross margin outlook of 15–17% and a $6...
