"Super Micro Computer raised its full-year fiscal 2026 revenue guidance to at least $40 billion, up from $33 billion just two quarters ago. That trajectory tells a story: AI server infrastructure demand is accelerating faster than even the company expected."
"Last quarter's revenue of $12.68 billion represented 123.36% year-over-year growth, smashing the consensus estimate of $10.34 billion. Furthermore, Super Micro Computer's on-GAAP EPS came in at $0.69, well above the $0.49 estimate."
"With our leading AI server and storage technology foundation, strong customer engagements, and expanding global manufacturing footprint, we are scaling rapidly to support large AI and enterprise deployments."
Super Micro Computer shares increased by 5% to around $22.20 after a significant decline. The company faces multiple lawsuits alleging false statements regarding server sales to Chinese firms. Despite this, Super Micro raised its fiscal 2026 revenue guidance to at least $40 billion, indicating strong AI demand. Last quarter's revenue growth was 123.36% year-over-year, surpassing estimates. The CEO emphasized the company's capabilities in supporting large AI deployments, with no reported customer defections.
Read at 24/7 Wall St.
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