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Microsoft19 hours ago
$Super Micro Computer(SMCI.US) Super Micro Computer's stock climbed around 9% in premarket trading. Shares of Super Micro Computer rose after the server manufacturer's fourth-quarter results beat analysts' forecasts. SMCI said it expects revenue in its fiscal first quarter to reach between $14.5 billion and $15.5 billion, surpassing mid-point consensus of $11.8 billion. It comes as the group sees its server solutions optimized for artificial intelligence fuelling future revenue as the build-out of data centers accelerates. "Super Micro continues to be one of the leading players in the AI server market with next-generation GPUs and broader technical capabilities encompassing areas like liquid cooling, now spanning up to modular AI infrastructure via DCBBS [data center building block solutions]," analysts led by Joseph Cardoso, wrote in a note on Wednesday. However, while demand remains strong, we continue to see variability tied to customer timing, mix sensitivity, working capital intensity and customer concentration. @Captain's Treasure
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