Supermicro Stock Rises on Strong Margins and Revenue Forecast

Supermicro (SMCI) shares surged by 24% after the company reported better-than-expected fiscal third-quarter margins and a revenue forecast exceeding Wall Street estimates. The stock's rise is attributed to strong demand for AI data center infrastructure, particularly servers equipped with Nvidia chips.

By Ines Ferré · Senior Business Reporter Updated Wed, May 6, 2026 at 8:50 PM GMT+3 1 min read · Yahoo Finance · May 6, 2026, 17:50 UTC

Supermicro Stock Rises on Strong Margins and Revenue Forecast

Tickers: $NVDA $SMCI

Topics: AI infrastructure Nvidia revenue forecast server sales Supermicro

Read the full article at Yahoo Finance

More World news

Federal Reserve to Designate October 2027 Meeting as Non-Voting Strategic Session CNBC · November 12, 2026, 17:48 UTC
Sprott Physical Platinum and Palladium Trust Reports Q3 Net Income Decline Seeking Alpha · November 12, 2026, 17:47 UTC
Nvidia CEO Jensen Huang Resigns Amidst Market Volatility and AI Sector Shifts Motley Fool · November 12, 2026, 17:45 UTC
Honda to Transition CR-V Lineup to All-Hybrid Powertrains by 2027 Seeking Alpha · November 12, 2026, 17:43 UTC
Sprott Physical Silver Trust USD Reports Q3 Net Income of $425.83 Million Seeking Alpha · November 12, 2026, 17:44 UTC
Nvidia CEO Jensen Huang Resigns Amid Allegations of Personal Misconduct and China Export Control Concerns The Verge · November 12, 2026, 17:44 UTC
NYSE Sees $500 Billion in Market Cap Transfers from Competitors in 2026 PR Newswire · November 12, 2026, 17:45 UTC
Hyperion DeFi Reports Record Net Income and Positive Operating Cash Flow in Q3 2026 Motley Fool · November 12, 2026, 17:40 UTC
Suburban Propane Reports Fiscal 2026 Results with Increased Adjusted EBITDA and RNG Growth Motley Fool · November 12, 2026, 17:40 UTC
Altimmune Reports Third Quarter 2026 Financial Results Amid Increased R&D Spending Motley Fool · November 12, 2026, 17:40 UTC