+9.55% to $35.57 from $32.47
What moved SMCI
- Super Micro raised preliminary fiscal first-quarter revenue guidance to $18.5 billion-$19.5 billion from a prior $14.5 billion-$15.5 billion range
- Preliminary gross margin guidance also rose to 12.0%-12.5% from a previous 10.4%-10.8%, citing favorable customer and product mix
- The updated range came in well above the roughly $15 billion analyst consensus and lifted server-industry peers Dell and Hewlett Packard Enterprise in sympathy
- Full quarterly results and an earnings call are scheduled for November 3
Sources: Reuters · GuruFocus · 24/7 Wall St. · TradingKey
+7.28% to $40.10 from $37.38
What moved SMCI
- Super Micro shares rose alongside other AI-server suppliers after Oracle’s CFO confirmed full-year capital spending of $90 billion to $95 billion, spending that flows to server and infrastructure vendors.
- The gain followed comments this week from a Super Micro senior executive at a Goldman Sachs conference highlighting a $60 billion order book.
- Super Micro’s advance was more muted than peers Dell and HPE, which posted larger gains the same session.
Sources: 24/7 Wall St. · Yahoo Finance
-5.56% to $35.17 from $37.24
What moved SMCI
- Prosecutors in Taiwan’s Keelung district charged two Super Micro Computer employees, along with staff from Nvidia, Albatron Technology and Chief Telecom, over allegedly smuggling AI servers with banned Nvidia chips into China.
- The indictment covers 74 servers built around Nvidia’s China-restricted B300 chips, which prosecutors said were routed through Indonesia, Japan and other countries to reach Chinese buyers.
- The legal news added to pressure on the stock following its fiscal Q4 report, in which Super Micro guided to $65-72 billion of fiscal 2027 revenue on strong AI-server demand.
- Shares fell alongside broader weakness in memory, storage and AI-hardware names as investors booked profits after a multi-month rally in the group.
Sources: Reuters · GuruFocus
+0.45% to $31.60 from $31.46
What moved SMCI
- Supermicro’s latest quarterly results topped Wall Street’s earnings projections.
- The company issued a first-quarter outlook that investors viewed as robust, citing accelerating demand for AI infrastructure.
Sources: Yahoo Finance