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SMCI Stock Jumps 9% as Supermicro Raises FY2027 Revenue Outlook

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SMCI Stock Jumps 9% as Supermicro Raises FY2027 Revenue Outlook

Super Micro Computer (NASDAQ: SMCI) shares rose about 9% to $34.12 in Wednesday's premarket trading after the AI server manufacturer reported record quarterly revenue, exceeded earnings expectations, and raised its fiscal 2027 sales forecast. Supermicro reported $19.95 billion in revenue for its fiscal first quarter ended September 30, nearly quadrupling the $5.02 billion recorded a year earlier.

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