Super Micro stock soars after upbeat revenue forecast shows robust AI demand — SkimNews
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- Super Micro forecast Q1 revenue of US$18.5–19.5 billion, topping analyst expectations of US$15.23 billion by roughly 20% (LSEG data).
- Super Micro raised its profit margin guidance to 12–12.5%, up sharply from its earlier 10.4–10.8% range.
- SMCI shares climbed 11.6% to US$36.25 in early trading on the bullish outlook.
- Dell and Hewlett Packard Enterprise rose 5.2% and 4% respectively in pre-market trading as the AI server rally spread to peers.
- Microsoft, Google, Amazon, and Meta are together expected to spend more than US$700 billion on AI infrastructure this year, the demand engine behind server makers' results.
- UBS Global Wealth Management strategists said investors will focus on whether strong core performance can sustain the elevated AI capex cycle.
- CoreWeave's debt-fueled selloff last week rattled AI-linked stocks, highlighting market jitters over data-center operators funding the buildout via debt as borrowing costs rise.
Why it matters: When a bellwether AI server maker beats revenue estimates by roughly 20% and simultaneously lifts margin guidance by about 175 basis points, it directly underwrites the US$700B+ AI infrastructure spending plans of Microsoft, Google, Amazon, and Meta, while dragging peers like Dell and Hewlett Packard Enterprise higher. The CoreWeave selloff last week, however, shows markets remain wary of the debt-funded operators—so SMCI's hardware-side model is the cleaner read on real AI demand.
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