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…

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