Super Micro Computer Inc. (NASDAQ: SMCI) stock surged following preliminary Q4 updates highlighting expanded gross margins and $60 billion in new AI orders.

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…