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

Supermicro has dodged drama and delivered datacenters

Single customer accounted for 63 percent of surging revenue In recent years, Supermicro’s regulatory filings often have delivered dramas such as losing its listing on the NASDAQ stock exchange, an admission its books may not be accurate, another possible delisting, and missing the AI boom.…

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....

Supermicro’s AI boom comes with a risk: one customer, 63% of revenue

Supermicro reported record quarterly revenue while acknowledging that a single customer accounted for 63% of its sales. The company is now implementing a strategy to diversify its client base and expand high-margin data center solutions to stabilize long-term profitability and reduce reliance on large-scale buyers.

SMCI beats Q2 earnings as revenue comes in at $12.7 billion

Super Micro Computer Inc. (SMCI) crushed expectations for the second quarter by reporting $12.68 billion in revenue, way above the $10.42 billion Wall Street had in mind. That’s not some small beat. Last quarter, they brought in $5.0 billion. A year ago, it was $5.7 billion. This time, they more than doubled both. It was their highest quarterly revenue to date. Net income came in at $401 million, which was up from $168 million last quarter and $…