Super Micro Jumps 12.2% on Above-Estimate Quarterly Forecast
Super Micro Computer forecast quarterly revenue and profit margin comfortably above Wall Street estimates. Shares rose 12.2% to $36.44 in premarket trading.
Super Micro Computer NASDAQ:SMCI jumped over 12% on Wednesday after it forecast quarterly revenue and profit margin comfortably above Wall Street estimates, signaling that AI data center demand remains resilient.Shares of the AI server maker rose 12.2% to $36.44 in premarket trading.Here are more d…