Super Micro Computer climbs on revenue forecast raise

Super Micro Computer

04/02/2026 12:29

** Shares of server maker Super Micro Computer SMCI.O up 10% at $32.65 premarket, after co raises annual revenue forecast

** SMCI expects FY 2026 revenue of at least $40 bln, up from prior projection of $36 bln, helped by strong demand for AI‑optimized servers

** Co has established itself as a key beneficiary of the generative‑AI boom, working closely with Nvidia NVDA.O and AMD AMD.O

** Q2 revenue comes in at $12.68 bln, beating analysts’ average estimate of $10.23 bln - data compiled by LSEG

** Co sees Q3 revenue of about $12.3 bln, also above expectations of $10.17 bln

** As of last close, SMCI stock up 1.3% YTD, following drop of about 4% in 2025

 (Reporting by Tharuniyaa Lakshmi in Bengaluru)

 ((tharuniyaa@thomsonreuters.com))