Super Micro reports Q2 net sales up 123% YoY to $12.7B, above $10.43B est., and expects Q3 net sales above estimates; SMCI jumps ~7% after hours
The AI server company just released its fiscal Q2 results. — Super Micro ComputerSMCI $31.26 (0.20%) just released its fiscal Q2 results:
Super Micro reports Q2 net sales up 123% to $12.7B, vs. $10.43B est., and expects Q3 net sales above estimates; SMCI jumps 5%+ after hours
The AI server company just released its fiscal Q2 results. — Super Micro ComputerSMCI $31.26 (0.20%) just released its fiscal Q2 results:
Super Micro reports Q1 revenue down 15% YoY to $5B, below $6.09B est., net income down 60% YoY to $168M, and forecasts Q2 profit well below est.; SMCI drops 5%+
Dina Bass / Bloomberg :
SEC filing: Super Micro cautions that its financial control weaknesses, if not fixed, could hurt its ability to report results “in a timely and accurate manner”
Super Micro Computer Inc. cautioned that weaknesses in its controls related to financial disclosures could …
Sources: the US secretly embedded location trackers in select AI chip shipments, such as in Dell and Super Micro servers, to detect illegal diversions to China
U.S. authorities have secretly placed location tracking devices in targeted shipments of advanced chips they see as being at high risk …
Super Micro reports Q4 revenue up 7.5% YoY to $5.76B, vs. $6.01B est., and lowers its fiscal 2026-year sales forecast from $40B to $33B+; SMCI drops 18%+
Dina Bass / Bloomberg :
Super Micro plans to raise $2B from the sale of convertible bonds to repurchase shares, as well as to fund growth and business expansion
Bloomberg :
Sources: Apple plans to send more iPhones to the US from India to offset the China tariffs, but the situation is too uncertain to upend supply chain investments
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Super Micro forecasts FY 2026 revenue above est. and is “confident” it will file its delayed annual report by the Feb. 25 deadline; SMCI jumps 7%+
Samantha Subin / CNBC :
Sources: HPE won a $1B deal in late 2024 to provide servers optimized for AI work for X; Dell and Super Micro also bid on the deal
X (formerly known as Twitter) is buying $1B+ of AI servers from HPE in a previously undisclosed deal. …