Super Micro Computer $SMCI rose about 15% after the company said fiscal Q4 gross margin should land at 15%-17%, almost twice its prior 8.2%-8.4% guidance. Revenue is still expected near the low end of $11.0B-$12.5B, but new orders above $60B reset the AI-server backlog story.
Super Micro Computer $SMCI fell 9% in extended trading after proposing $7.0B of equity and equity-linked financing. The company tied the capital raise to about $39B of recent AI-server orders from more than 20 customers.
Super Micro Computer shares jumped 18% after its fiscal Q3 2026 earnings showed revenue more than doubling year-on-year and guidance surpassing analyst estimates. The company also highlighted progress on U.S. manufacturing expansion, a key focus for hyperscaler customers seeking domestically produced hardware.