Business & Finance
Super Micro Gives Outlook That Tops Estimates on Server Demand
Key Points
Super Micro Gives Outlook That Tops Estimates on Server Demand Super Micro Computer Inc. forecast revenue for the current quarter that exceeded analysts’ estimates, signaling continued strength in demand for the company’s servers packed with artificial intelligence chips. Revenue will be $19.5 billion to $21.5 billion in the period ending in December, the company said Tuesday in a statement. Profit, excluding some items, will be $1.66 to $1.90 a share.
Super Micro Gives Outlook That Tops Estimates on Server Demand
Super Micro Computer Inc. forecast revenue for the current quarter that exceeded analysts’ estimates, signaling continued strength in demand for the company’s servers packed with artificial intelligence chips.
Revenue will be $19.5 billion to $21.5 billion in the period ending in December, the company said Tuesday in a statement. Profit, excluding some items, will be $1.66 to $1.90 a share. Analysts polled by Bloomberg projected sales, on average, of $16.5 billion, and profit of $1.08.