Tag: micro
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CoreWeave, Super Micro surge on signs of sustained AI buildout
Aug 12 : Shares of CoreWeave and Super Micro Computer jumped to their highest since June on Wednesday after upbeat forecasts from the two AI infrastructure companies signaled booming demand for computing capacity.Both companies have been beneficiaries of the insatiable demand for AI infrastructure, as data ce
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CoreWeave, Super Micro climb on signs of sustained AI buildout
Aug 12 : Shares of CoreWeave and Super Micro Computer climbed premarket on Wednesday after upbeat forecasts from the two AI infrastructure companies reinforced demand expectations for computing capacity.Shares of neocloud provider CoreWeave rose more than 18 per cent, with peer Nebius Group rising 10 per cent
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Super Micro forecasts upbeat annual revenue on data center adoption
Aug 11 : Super Micro Computer forecast fiscal 2027 revenue above Wall Street expectations on Tuesday, betting that strong demand for its AI-optimized servers would fuel another year of growth, sending its shares up 7 per cent in extended trading.The server maker has benefited from the race to equip data cente
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Super Micro expects stronger quarterly margins, shares jump
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 trading.AI infrastructure firms have seen accelerated demand as tech companies and cloud providers ramp up investments in data centers to
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Super Micro Computer to raise $7 billion in equity offerings to meet AI server demand
June 9 : Super Micro Computer said on Tuesday it would raise $7 billion through a series of equity and equity-linked financing transactions to fund the purchase of components needed to meet the growing demand for its advanced AI servers.The company said it will use the proceeds to fulfill orders worth about $
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Super Micro Computer plans to raise $7 billion in equity offerings
June 9 : Super Micro Computer on Tuesday said it plans to raise $7 billion in a series of equity and equity-linked financing transactions as part of its plan to fund the purchase of components to satisfy AI orders.
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