Super Micro’s Stock Skyrockets by 25% Following Record $60B AI Orders and Unprecedented Margin Growth
In a remarkable business turnaround, Super Micro Computer (NASDAQ: SMCI) shares soared by up to 25% following the release of an impressive preliminary fourth-quarter update that significantly reshaped Wall Street’s expectations.
The San Jose-based tech giant revealed that new orders for the quarter ending on June 30, 2026, surpassed a staggering $60 billion. This has led to a record-breaking backlog. The company’s profit turnaround is equally impressive, with GAAP and non-GAAP gross margins for the quarter now expected to be 15% to 17%, nearly doubling the previous forecast of 8.2%–8.4%. The company attributes these improvements to a highly favorable product and customer mix.
Despite revenue predictions being near the lower end of the company’s $11.0 billion–$12.5 billion guidance range, investors have enthusiastically welcomed the margin expansion and the record backlog. The AI server boom, largely driven by the increasing demand for servers equipped with Nvidia GPU chips, has spurred growth not only for Super Micro but also for competitors like Dell and Hewlett Packard Enterprise. Their shares rose by 5% and 4% respectively in after-hours trading. Super Micro’s partnerships with major AI players, including SpaceX, further highlight the soaring demand for next-generation data center infrastructure.
Super Micro is set to release its full Q4 and fiscal 2026 financial results on August 11, 2026.
Source: Bloomberg – Super Micro Shares Jump as Preliminary Results Show Record $60 Billion Backlog