Super Micro forecasts upbeat annual revenue on data center adoption

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% in extended trading.

The server maker has benefited from the race to equip ‌data centers for ⁠generative AI, ⁠thanks to its close ties with chipmakers and reputation for speed-to-market.

AI infrastructure firms have seen demand surge as tech and cloud companies ramp up data center investments to support AI applications.

Read more

You may also like

Comments are closed.

More in IT