Super Micro Computer shares jumped another 4.6% in premarket trading Tuesday after soaring 32% last week.
Super Micro Computer jumped 32.1% last week after giving an aggressive long-term revenue outlook and saying it “believes” it will meet a Nasdaq Inc. deadline to file audited financial results.
Sales will be $40 billion in the fiscal year ending in June 2026, the company said Tuesday in a statement, which also provided preliminary fiscal second-quarter results. Analysts, on average, estimated $30.7 billion for fiscal 2026, according to data compiled by Bloomberg.
San Jose, California-based Super Micro has seen an explosion in demand for servers containing high-powered chips needed to run artificial intelligence workloads. Last week, the company said it had reached full production availability for products containing Nvidia Corp.’s new Blackwell B200 chips.