Yahoo Finance- Super Micro reported a record $60 billion in new orders for fiscal Q4 2026, leading to a 15% surge in its stock price.
- The company raised its gross margin forecast to between 15% and 17%, significantly higher than the previous guidance of 8.2% to 8.4%.
- Demand for servers containing graphics processing units has surged, contributing to the record orders and margin increase.
Supermicro's stock jumped 15% after announcing a record $60 billion in new orders for fiscal Q4, with gross margins expected to rise to 15% to 17%, up from 8.2% to 8.4%. The surge in orders reflects a strong demand for AI servers, particularly from clients like SpaceX.12
The company noted that its backlog reached record levels at the end of fiscal 2026, with total new orders exceeding $60 billion during the quarter. CEO Charles Liang highlighted the favorable customer and product mix as a key factor in the improved margin forecast, stating, "primarily due to a favorable customer and product mix."
Supermicro's revised gross margin guidance is a significant boost for the company, which has been working to fulfill $39 billion in AI server orders. The company anticipates that these new orders will be delivered over the coming quarters, further solidifying its position in the market.
In addition to the strong order numbers, Supermicro's stock performance has been notable, with shares rising 15% after the announcement. The company is also set to hold an earnings call on Aug. 11 to discuss these developments further.
Rival companies like Dell and Hewlett Packard Enterprise also saw their shares advance following Supermicro's update, indicating a broader positive sentiment in the AI server market.
“The company expects its gross margin to be in the range of 15% to 17%, up from previous guidance of 8.2% to 8.4%, citing favorable customer and product mix. Separately, CEO Charles Liang previously hinted at co-building a Gigawatt AI datacenter for SpaceX and xAI, and rivals Dell and HPE also gained in after-hours trading.”
CNBC
