Super Micro (SMCI) shares surge after strong fourth-quarter sales outlook

stocks ©Shutterstock Super Micro Computer (NASDAQ:SMCI) jumped more than 19% in premarket trading on Wednesday after the server maker issued a fourth-quarter revenue forecast that exceeded Wall Street expectations, supported by continued strong demand for AI-focused data center infrastructure. By 04:12 ET, shares in the company had rallied sharply following the release of its latest quarterly results and outlook. Fourth-quarter guidance beats analyst forecasts Super Micro said it expects fourth-quart ...

Super Micro (SMCI) shares surge after strong fourth-quarter sales outlook - Reportify