Tag: super micro
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Super Micro sees strong margins, books $60 billion in orders; shares jump
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 forecast, sending its shares surging 17.5 per cent in extended trading.Artificial-intelligence infrastructure firms have seen demand acce
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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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