Super Micro shares are soaring in extended trading Tuesday after the company provided strong preliminary results for the fourth quarter.

July 21 : Super Micro Computer said on Tuesday it had secured more than $60 billion in new orders in the fourth quarter, and now expects gross margin to exceed its previous…

July 21 : Super Micro Computer said on Tuesday it expects to post fourth-quarter gross margins above its previous forecast, driving its shares up 16 per cent in after-hours…

Super Micro shares are soaring in extended trading Tuesday after the company provided strong preliminary results for the fourth quarter.

AI server rivals Dell and Hewlett-Packard Enterprise also jumped.

Major U.S. indices closed higher, with the Dow Jones Industrial Average gaining 0.74% to 52,224.64.

Shares of Super Micro Computer Inc (NASDAQ: SMCI) rose after reporting record backlog of $60B+ in orders and expected $11-12.5B in Q4 revenue. Gainers include INLIF Ltd, China SXT…

SMCI stock rallies as Super Micro reports a record $60B+ backlog driven by surging AI server demand. Get key price levels.