Super Micro Computer Shares Rise 13% After Preliminary 1Q Revenue Tops Guidance
Super Micro Computer said preliminary quarterly revenue exceeded its earlier guidance, citing increasing demand for AI platforms. Shares rose 13% to $36.63 in after-hours trading.
Super Micro Computer shares climbed after the IT solutions provider reported preliminary quarterly results above its prior guidance, citing increased demand for AI platforms. SMCI shares advanced 13% to $36.63 in after-hours trading. Through Tuesday's close, the stock had gained…