Week to date, shares of Super Micro Computer (SMCI 10.18%) were up 23% through Thursday's market close, according to data provided by S&P Global Market Intelligence. The demand for artificial intelligence (AI)-driven computing is driving accelerating revenue growth and profits for this leading supplier of rack-scale solutions for data centers.Despite the stock's massive run over the last year, the company is seeing market share gains for its products and raised full-year revenue guidance.Why Super Micro Com ...

Super Micro Computer (SMCI 10.18%) is expanding, at least in terms of its retail footprint. Typically, when a company ponies up to buy more property, it means it's preparing for an upswing in business.That's the way the market seemed to take the news on Thursday, as they pushed up Super Micro's stock by more than 10% on the day. That figure was well above the 1.3% increase of the S&P 500 index.Snapping up some expensive real estateIn a regulatory filing, Super Micro divulged that it formally entered into an ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________________________________________________ Form 10-Q __________________________________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Delaware 77-0353939 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 980 Rock Avenue San Jose, CA 95131 (Address of principal executive off ...

Andrey Semenov I initiated coverage of Super Micro Computer (NASDAQ:SMCI) in May of 2023 with a Strong Buy-rated article. In this article, I detailed their business strategy and the source of their competitive advantage. I followed this up with a more macro-focused article where I detailed a variety of industry-wide tailwinds and conducted a comparative analysis of Super Micro and the two largest server companies Dell (DELL) and HP (HPQ). In this article, I'll be reviewing the recent earnings report and wil ...

Super Micro Computer (SMCI 3.49%) stock posted significant gains again in Tuesday's trading. The company's share ended the daily session up 3.5%, according to data from S&P Global Market Intelligence.After the market closed yesterday, Super Micro Computer published results for its fiscal second quarter -- which ended Dec. 31. The company posted sales and earnings performance that came in ahead of the market's expectations, and it also issued encouraging forward guidance.When Super Micro published upward gui ...

Super Micro Computer Inc (NASDAQ:SMCI) stock is jumping to record highs today, after the company's stellar fourth-quarter results and full-year forecast exceeded analyst estimates. The artificial intelligence (AI) server maker's surge is lifting other AI-related stocks as well, including Nvidia (NVDA). Jumping above recent pressure at the $500 level to never-before-seen levels, SMCI hit $554.44 at today's peak. The stock has since pared those gains, though still up 4.1% at $516.00 at last glance. Super Micr ...

Shares of Super Micro Computer (SMCI 2.80%) were moving higher today after the company delivered strong fiscal second-quarter results and impressed the market with its guidance.Supermicro had already reported preliminary results, so the second-quarter numbers weren't a surprise, but the guidance made it clear that the company's rapid growth from the artificial intelligence (AI) boom will continue for the rest of the year.As of 1:21 p.m. ET, the stock was up 3.1% after trading up as much as 11.9% earlier in ...

Key TakeawaysSuper Micro Computer revenue more than doubled on surging demand for artificial intelligence products.Second-quarter revenue and earnings at the server maker, an Nvidia partner, beat estimates.Shares jumped to an all-time high and are up 600% in the past year.Shares of Super Micro Computer (SMCI) surged to an all-time high Tuesday after the server maker posted better-than-expected quarterly results and raised its guidance for fiscal 2024 as it benefits from demand for artificial intelligence (A ...

Shares of Super Micro Computer popped more than 5% Tuesday, a day after the company handily exceeded estimates and raised its full-year revenue outlook in its fiscal second-quarter earnings report.Super Micro said revenue for the quarter came in at $3.66 billion, up from the $3.06 billion expected by analysts, according to LSEG (formerly known as Refinitiv). The company reported adjusted EPS of $5.59, well above the $4.93 analysts were anticipating, and even surpassing Super Micro's own guidance from earlie ...

Super Micro Computer (NASDAQ:SMCI) stock is rising higher on Tuesday after the company posted positive earnings results for its fiscal second quarter of 2024.The good news for SMCI stockholders starts with its adjusted earnings per share of $5.59. This is better than the $5.16 per share Wall Street was expecting. It’s also a major improvement over the $3.26 per share reported in the same period of the year prior.Adding to that is Super Micro Computer’s revenue of $3.66 billion. Yet again, that comes in abov ...