SUPERMICRO RAISES REVENUE GUIDANCE BY $4 BILLION

Super Micro Computer told investors its fiscal first-quarter revenue will land between $18.5 billion and $19.5 billion, up from an earlier forecast of $14.5 billion to $15.5 billion, driven by surging demand for AI server platforms. The company also lifted its gross margin estimate to 12.0%-12.5% from 10.4%-10.8%, a sign the AI buildout is finally helping profitability, not just volume. $SMCI shares jumped on the preliminary numbers, with full quarterly results due November 3.