Super Micro Computer Lifts Fiscal Q1 Revenue Outlook by $4 Billion
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Super Micro Computer, Inc. increased each end of its fiscal first-quarter revenue outlook by $4 billion, reflecting stronger demand for AI platforms and lifting its estimated quarterly sales range. For the quarter ended Sept. 30, the company projects $18.5 billion to $19.5 billion in revenue, up from its earlier $14.5 billion to $15.5 billion range. The estimates are preliminary and unaudited. Supermicro’s estimated gross margin rose to 12% to 12.5%, from 10.4% to 10.8%. The company said the revised margin range reflects its mix of customers and products; the figures may change before final results.
Source: TokenPost
