--- title: "Why Is SMCI Stock Surging On Thursday?" type: "News" locale: "en" url: "https://longbridge.com/en/news/286453619.md" description: "Super Micro Computer Inc (NASDAQ:SMCI) shares surged on Thursday, climbing 2.06% to $32.67, following a strong earnings report that beat estimates by 35%. The stock's rise is also attributed to significant short covering, with short interest decreasing from 86.79 million to 80.58 million shares. Over 80% of revenue came from AI-related platforms, and the company expects robust growth, projecting adjusted EPS between 65 and 79 cents for Q4, above analyst expectations. Key resistance is at $33.50 and support at $28.50." datetime: "2026-05-14T18:18:09.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286453619.md) - [en](https://longbridge.com/en/news/286453619.md) - [zh-HK](https://longbridge.com/zh-HK/news/286453619.md) --- # Why Is SMCI Stock Surging On Thursday? **Super Micro Computer Inc** (NASDAQ:SMCI) shares are surging on Thursday. The Nasdaq is up 0.87% while the S&P 500 has gained 0.78%. Retail traders are tracking a significant decrease in short interest. Data shows short interest fell from 86.79 million to 80.58 million shares recently. Currently, 17.73% of the company's float remains short. It would take 2.89 days for shorts to cover their positions. This is based on an average daily volume of 27.89 million shares. **• Super Micro Computer stock is moving in positive territory. Why are SMCI shares climbing?** ## **Earnings Beat Sparks Optimism** The rally follows a blowout third-quarter earnings report. Super Micro reported adjusted earnings of 84 cents per share. This beat the consensus estimate of 62 cents by 35.48%. While revenue of $10.24 billion missed the $12.33 billion estimate, the bottom-line strength caught the Street’s attention. Global demand remains robust, with Rest of World revenue growing nearly 500% year over year. ## **AI Infrastructure Dominates Revenue** AI remains the primary engine for the hardware giant. Over 80% of quarterly revenue came from AI GPU-related platforms. The company is scaling fast to meet this demand. Super Micro expects production capacity to exceed 6,000 high-performance racks per month. The company maintains deep ties with **NVIDIA Corp** (NASDAQ:NVDA), **Advanced Micro Devices, Inc.** (NASDAQ:AMD) and **Intel Corp** (NASDAQ:INTC). ## **Guidance Ahead of Estimates** Looking forward, management issued an upbeat fourth-quarter outlook. They forecast adjusted EPS between 65 cents and 79 cents. This sits well above the 55-cent analyst consensus. Revenue is projected to reach up to $12.5 billion. ## **Critical Technical Levels for SMCI Stock** From a trend perspective, SMCI is back above its key short- and medium-term averages: it's trading 11.5% above the 20-day SMA, 18.9% above the 50-day SMA, and 12.5% above the 100-day SMA. The bigger hurdle is the long-term trend, with shares still trading 10.5% below the 200-day SMA. The moving-average structure is mixed: the 20-day SMA is above the 50-day SMA (a bullish near-term crossover), but the 50-day SMA remains below the 200-day SMA, reflecting the death cross that formed in December. - **Key Resistance**: $33.50 - **Key Support**: $28.50 **SMCI Stock Price Activity:** Super Micro Computer shares were up 2.06% at $32.67 at the time of publication on Thursday, according to Benzinga Pro data. _Image via Shutterstock_ ### Related Stocks - [SMCI.US](https://longbridge.com/en/quote/SMCI.US.md) - [SMCL.US](https://longbridge.com/en/quote/SMCL.US.md) - [SMH.US](https://longbridge.com/en/quote/SMH.US.md) - [FTXL.US](https://longbridge.com/en/quote/FTXL.US.md) - [SMCY.US](https://longbridge.com/en/quote/SMCY.US.md) - [XSD.US](https://longbridge.com/en/quote/XSD.US.md) - [IXN.US](https://longbridge.com/en/quote/IXN.US.md) - [SOXQ.US](https://longbridge.com/en/quote/SOXQ.US.md) - [ARTY.US](https://longbridge.com/en/quote/ARTY.US.md) - [SOXX.US](https://longbridge.com/en/quote/SOXX.US.md) - [SMYY.US](https://longbridge.com/en/quote/SMYY.US.md) - [SMCX.US](https://longbridge.com/en/quote/SMCX.US.md) - [PSI.US](https://longbridge.com/en/quote/PSI.US.md) - [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [AMD.US](https://longbridge.com/en/quote/AMD.US.md) - [INTC.US](https://longbridge.com/en/quote/INTC.US.md) - [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md) ## Related News & Research - [Wirestock raises $23M to supply creative multi-modal data to AI labs](https://longbridge.com/en/news/286429795.md) - [The AI Stock That Could Turn a $10,000 Investment Into a Retirement-Changing Sum by 2030](https://longbridge.com/en/news/286965420.md) - [Mercor’s $2M daily payouts fuel AI labor debate](https://longbridge.com/en/news/286719252.md) - [ON Semiconductor surges as industrial and AI demand align](https://longbridge.com/en/news/286369185.md) - [SambaNova and Intel’s heterogeneous x86 AI architecture](https://longbridge.com/en/news/286873696.md)