Super Micro Computer Inc., riding high on its ability to sell servers loaded with many of Nvidia’s chips, is now seeing growth rates similar to the chip giant, prompting investors to question how long this AI boom can last.The question is even more applicable to Supermicro SMCI, +4.54% than Nvidia because, by definition, the computer and server maker is in a commoditized business. Nvidia NVDA, +2.35% designs its own proprietary graphics processor chips that are in huge demand for AI applications, while serv ...

Super Micro Computer, Inc. (NASDAQ:SMCI) Q2 2024 Earnings Conference Call January 29, 2024 5:00 PM ET Company Participants Charles Liang - Founder, President and CEO David Weigand - Chief Financial Officer Michael Staiger - Vice President, Corporate Development Conference Call Participants George Wang - Barclays Samik Chatterjee - J.P. Morgan Nehal Choski - Northland Capital Markets Jon Tanwanteng - CJS Securities Quinn Bolton - Needham Aaron Rakers - Wells Fargo Ananda Baruah - Loop Capital Operator Thank ...

After Super Micro Computer Inc. shares surged to their best day on record earlier this month upon upbeat preliminary financial results, they were rallying again after the company issued a blowout outlook Monday afternoon. Super Micro SMCI, +4.54% expects fiscal third-quarter revenue of $3.7 billion to $4.1 billion along with adjusted earnings per share of $5.20 to $6.01. Both forecasts came in well above the FactSet consensus, which was calling for $2.9 billion in revenue and $4.61 in adjusted EPS. “Wh ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Super Micro Computer ((SMCI) reports its December results today after the closing bell.But much of the excitement and accolades have already happened after the provider of datacenter infrastructure equipment and solutions pre-announced better than expected revenues and profits on January 19.That Friday, SMCI shares surged 36%. And they were up as much as 15% last week to more all-time highs near $500.So the stage is set for "Supermicro" management to deliver more good news about their 2024 outlook that coul ...

Editor's note: Seeking Alpha is proud to welcome Max Feldman as a new contributor. It's easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to SA Premium. Click here to find out more » SOPA Images/LightRocket via Getty Images Investment Thesis Investors are in awe of Super Micro's (NASDAQ:SMCI) performance on Friday, January 19, 2024 as the company saw its stock price jump 35%. However, even with this spike in the stock price, it ...

Super Micro Computer (SMCI -1.88%) stock has continued to post big gains this week. The company's share price was up 12.3% from last week's market close before the market opened this Friday, according to data from S&P Global Market Intelligence.On the heels of the explosive upward quarterly guidance revisions it issued last week, Super Micro Computer's bullish momentum has continued in this week's trading. The company's share price has also gotten a lift from ASML's better-than-expected fourth-quarter repor ...

The most recent trading session ended with Super Micro Computer (SMCI) standing at $475.58, reflecting a +1.15% shift from the previouse trading day's closing. The stock's change was more than the S&P 500's daily gain of 0.53%. At the same time, the Dow added 0.64%, and the tech-heavy Nasdaq gained 0.19%.Coming into today, shares of the server technology company had gained 59.39% in the past month. In that same time, the Computer and Technology sector gained 5.21%, while the S&P 500 gained 2.48%.Investors w ...

Turn-Key Data Storage Solution for Large Scale AI Training and Inference – Hundreds of Petabytes in a Multi-tier Solution Supports the Massive Data Capacity Required and High-Performance Data Bandwidth Necessary for Scalable AI WorkloadsSAN JOSE, Calif., Jan. 25, 2024 /PRNewswire/ -- Supermicro, Inc. (NASDAQ: SMCI), a Total IT Solution Manufacturer for AI, Cloud, Storage, and 5G/Edge, is launching full stack optimized storage solution for AI and ML data pipelines from data collection to high performance dat ...

Super Micro Computer (SMCI) is scheduled to report its second-quarter fiscal 2024 results on Jan 29.For the fiscal second quarter, SMCI expects revenues between $3.6 billion and $3.65 billion. The Zacks Consensus Estimate for sales is pegged at $3.21 billion, indicating growth of 78.3% from the year-ago fiscal quarter’s reported value.SMCI anticipates non-GAAP earnings between $5.40 and $5.55 per share. The consensus mark for earnings is pegged at $5.07 per share, indicating 55.5% growth from the figure rep ...