Super Micro Soars Late On Booming Margins, Orders; Dell, HP Enterprise Also Rally
Licensing
Super Micro Computer surged early Wednesday after releasing preliminary fiscal fourth-quarter figures. AI server rivals Dell Technologies and Hewlett Packard Enterprise also rallied overnight. After Tuesday's close, Super Micro Computer (SMCI), or Supermicro said fiscal fourth-quarter revenue will be at the low end of its guidance for $11 billion-$12.5 billion, below consensus. The analyst consensus for Supermicro revenue is $11.7 billion.…
