Super Micro Computer raises annual revenue forecast amid strong demand for its servers

Super Micro logs record revenue from AI demand, and the stock surges

Super Micro’s revenue exploded to $12.7 billion as delayed orders finally materialized, but aggressive competition and rising costs pushed gross margins to a razor-thin 6.3% Article Attribution | Read More at Article Source The post Super Micro logs record revenue from AI demand, and the stock surges appeared first on RocketNews.

Super Micro Computer raises annual revenue forecast amid strong demand for its servers

Feb 3 (Reuters) – Super Micro Computer raised its annual revenue forecast on ‍Tuesday, anticipating robust demand for its AI-optimized servers would continue as companies expand their data center capacity. Shares of ‌the San Jose, ‌California-based company rose over 5% in extended trading. Super Micro has established itself as a primary beneficiary ​of the generative artificial intelligence boom, working ‍closely with ​chip designers like Nvidia…

Super Micro crushes estimates for Q2, offers strong guidance

The AI server company just released its fiscal Q2 results....