Super Micro sees strong margins, books $60 billion in orders; shares jump

Super Micro sees strong margins, books $60 billion in orders; shares jump Illustration shows Super Micro Computer (SMCI) logo · Reuters Reuters Tue, July 21, 2026 at 10:24 PM GMT+2 1 min read SMCI LSEG. L July 21 (Reuters) - Super Micro Computer said on Tuesday it had secured more than $60 billion in ‌new orders in the fourth quarter, and ‌now expects gross margin to exceed its previous forecast, sending its ​shares surging 17. 5% in extended trading.

Artificial-intelligence infrastructure firms have seen demand accelerate as tech companies and cloud providers ramp up investments in data centers to support large ‌language models and other ⁠AI applications. The AI server maker expects gross margins in the range of 15% to ⁠17% for the quarter ended June 30, well above its earlier forecast of 8. 2% to 8.

4%, "primarily due to ​a favorable ​customer and product mix. " Super ​Micro's backlog grew to "record ‌levels" at the end of fiscal year 2026, it said in a preliminarily statement of results. It expects quarterly revenue near the low end of its $11 billion to $12.

5 billion forecast range. Analysts expect revenue of $11. 67 billion, ‌according to data complied by ​LSEG.

The company is set to post ​quarterly results on ​August 11. Super Micro had said in June ‌it would raise $7 billion through ​a series ​of equity and equity-linked financing transactions and use the proceeds to fulfill orders worth about $39 billion ​for its advanced ‌AI servers from more than 20 customers.