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Super Micro shares rise as earnings and forecast point to strong AI server demand

By ChordNews · First written

Super Micro’s stock pops as earnings show booming demand for AI servers
Image: marketwatch.com
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Summary

Super Micro's stock rose after its earnings showed booming demand for AI servers, according to MarketWatch. CFO Mark Long told MarketWatch that the company is building a "high-quality customer base" that is fueling revenue growth. Investing.com reports that Super Micro forecast quarterly revenue above estimates, citing strong AI server demand.

Later: Arm forecasts third-quarter revenue above estimates on AI spending boom · AOSL expects $180M ± $10M revenue in December quarter as AI and server reach about 20% of sales

Timeline

  1. MarketWatch

    Source ↗

    MarketWatch reports that Super Micro's stock popped as earnings showed booming demand for AI servers, and quotes CFO Mark Long saying the company is building a "high-quality customer base" that is fueling revenue growth.

  2. Investing.com

    Source ↗

    Investing.com reports that Super Micro forecast quarterly revenue above estimates on strong AI server demand.

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