AIThe Next Webabout 2 hours ago
Supermicro Raises Revenue Forecast by $4bn
1 min read
Supermicro expects quarterly revenue between $18.5bn and $19.5bn, which is $4bn above its $14.5bn to $15.5bn guidance. The company attributes this increase to increased demand for AI platforms. Gross margins are projected at 12.0% to 12.5%, beating the 10.4% to 10.8% forecast. These unaudited figures cover the three months to September, with full results due on 3 November.
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