Super Micro forecasts $65 billion to $72 billion revenue
Super Micro Computer expects fiscal 2027 revenue of $65 billion to $72 billion, above the $52.5 billion analysts forecast.
The company’s outlook sent shares up roughly 7% in after-hours trade.
Big technology corporations are getting ready to spend more than $730 billion this year building data centers for artificial intelligence systems.
Super Micro’s gross margin was 17.5% for the fiscal fourth quarter, above its initial guidance of 15% to 17%.