Supermicro trounced Wall Street's earnings target for its fiscal Q4 and guided well above views for the current quarter. SMCI stock jumped.

There are signs that the Super Micro Computer stock is tradinf at a bargain price ahead of its earnings report later this week.

Super Micro Computer Inc. (NASDAQ: SMCI) stock gains on Monday ahead of Q4 earnings, supported by 15%-17% preliminary gross margins and a $60 billion order update.