AICNBC Techabout 1 hour ago
Super Micro surges 15% on new orders and margins
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Super Micro Computer shares jumped 15% after the server maker disclosed higher gross margins of 15% to 17% for the June quarter, up from a prior 8.2% to 8.4% forecast. The company received over $60 billion in new orders in the fiscal fourth quarter, citing a favorable customer and product mix. CEO Charles Liang highlighted new work with SpaceX on a Gigawatt AI datacenter.
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