US Stock Market Movement | Super Micro Computer (SMCI.US) rises over 13% after surpassing earnings expectations

According to Zhihu Finance APP, on Wednesday, Super Micro Computer (SMCI.US) surged over 13%, while Dell Technologies (DELL.US) rose more than 5%. On the news front, Super Micro Computer disclosed its preliminary quarterly results, with both revenue and gross margin significantly exceeding previous expectations, confirming that demand for AI infrastructure purchases remains highly robust. Super Micro Computer expects revenue for the first quarter of fiscal year 2027 ending September 30 to be in the range of $18.5 billion to $19.5 billion, significantly higher than the previous guidance of $14.5 billion to $15.5 billion and the FactSet consensus estimate of $14.9 billion. Based on the midpoint of the guidance at $19.0 billion, revenue would increase by approximately 279% year-on-year—nearly four times that of the same period last year—and up about 27% from the previous midpoint guidance. The company also raised its gross margin forecast to 12%-12.5%, compared to the previous guidance of only 10.4%-10.8%.