U.S. stock anomaly | First quarter revenue outlook exceeds expectations, Super Micro Computer (SMCI.US) surges over 16% at opening

According to Jinzi Finance APP, on Wednesday, Super Micro Computer (SMCI.US) opened with a surge of over 16%, currently trading at $36.75. In terms of news, Super Micro Computer's revenue guidance for the current quarter far exceeded analysts' estimates, once again confirming that the booming artificial intelligence (AI) market continues to drive strong sales growth for its server products. The company announced on Tuesday that revenue for the quarter ending in September is expected to reach $14.5 billion to $15.5 billion, with earnings per share excluding certain items projected at $1.01 to $1.10. Market data shows the average analyst expectation was about $12 billion in revenue and $0.74 per share, while this outlook even surpasses the most optimistic market forecast of $13.3 billion in revenue.

In the fourth fiscal quarter ended June 30, Super Micro Computer's revenue increased by 93% year-on-year to $11.1 billion, with earnings per share excluding certain items at $1.70. Analysts, on average, expected $11.3 billion in revenue and $1.59 per share. The adjusted gross margin was 17.6%. Super Micro Computer further expects revenue for the new fiscal year beginning in July to reach $65 billion to $72 billion, while analysts’ average estimate was only $54.4 billion.

Chief Executive Officer Charles Liang said in a statement: "By combining our ongoing investment in technological leadership, manufacturing scale, and global compliance, we are helping customers deploy AI infrastructure faster and more efficiently."