IUX24
TopMarketWorldEconomyFinanceTechnologyBusinessPoliticsAnalysis & Opinion

Super Micro Forecasts Higher Revenue on AI Demand

Super Micro Computer expects quarterly revenue and profit margins to beat Wall Street estimates. The server maker benefits from rising artificial intelligence data center demand.

Xurve View
Insights:
FILE PHOTO: Logos of Super Micro Computer are pictured at COMPUTEX Taipei in Taipei, Taiwan May 30, 2023. REUTERS/Ann Wang/File Photo

SUPER MICRO COMPUTER INC expects first-quarter revenue between $18.5 billion and $19.5 billion, crushing Wall Street estimates of $15.23 billion.
IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

IFZA Properties, Dubai Silicon Oasis, DSO-IFZA, Dubai, United Arab Emirates

Copyright IUX24 MEDIA - FZCO. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and analytics platform providing news, market data, analytical tools, and AI-powered features for informational and educational purposes. The Services and information provided do not constitute investment advice, trading signals, or brokerage services. Investing involves risk, and Users should carefully evaluate information before making investment decisions.