Super Micro Raises Revenue and Margin Outlook, Shares Jump About 10%

Super Micro raised its revenue and profit margin forecasts, sending its shares up about 10% in early trading. The move came alongside a record backlog of orders and strong demand for artificial intelligence, according to news reports.

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• The company raised its gross margin guidance amid a record order backlog.

  «the company upped its gross margin guidance amid a record backlog of orders»

  AOL
• Wall Street analysts see the forecast upgrade as having implications for Dell and HPE.

  «Wall Street analysts see implications for Dell and HPE.»

  TheStreet
• The company raised its full-year revenue forecast on the back of strong demand for artificial intelligence.

  «Super Micro Computer Raises Full-Year Revenue Guidance on Strong AI Demand»

  Yahoo Finance

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