Super Micro forecasts upbeat annual revenue
Super Micro forecasts upbeat annual revenue Aug 11 (Reuters) - Super Micro Computer SMCI.O on Tuesday forecast fiscal 2027 revenue above Wall Street expectations, betting that strong demand for its AI-optimized servers would fuel another year of growth.
It expects annual revenue between $65 billion and $72 billion, ahead of estimates of $52.50 billion, according to data compiled by LSEG.
(Reporting by Juby Babu in Mexico City; Editing by Shreya Biswas)