Supermicro expects up to $19.5bn in quarterly revenue, $4bn above guidance

The Next Web
Read the full article
Supermicro anticipates quarterly revenue between $18.5bn and $19.5bn, surpassing its prior guidance by up to $4bn due to increased AI platform demand. The company also expects higher gross margins, attributing gains to customer and product mix, with full audited results due November 3.

More in Business & Enterprise

OpenAI acquires startup Orchestra Bio⁠ to beef up its biotech business

Covered by 3 sources

SpaceX Swings to a Profit, Even as A.I. Spending Soars

Covered by 4 sources

Anthropic May Spend $750 Billion on Computing Costs, WSJ Reports

Covered by 2 sources