Super Micro shares fall 6% on weak preliminary results

Super Micro shares fall 6% on weak preliminary results


Charles Liang, CEO of Super Micro, speaks at the Computex conference in Taipei, Taiwan, on June 1, 2023.

Walid Berrazeg | Sopa Images | Lightrocket | Getty Images

Super Micro Computer shares fell 6% on Thursday after the company released weak preliminary results for its fiscal first quarter of 2026.

The server maker said it expects to report $5 billion in revenue for the quarter, down from the $6 billion to $7 billion guidance that the company had previously issued.

Super Micro said “design win upgrades” pushed some expected first-quarter revenue to the second quarter.

“We see customer demand accelerating, and we are gaining AI share, reiterating revenue of at least $33B for FY 2026 with the expectation of delivering more.” Super Micro CEO Charles Liang said in a statement.

Super Micro said it has had “recent design wins” of more than $12 billion, and that delivery has been requested during its fiscal second quarter.

The company will provide further updates on its expected second-quarter deliveries and revenues during its earnings call on Nov. 4, when it will officially report its first-quarter results.

Stock Chart IconStock chart icon

hide content

Super Micro year to date stock chart.



Source

Ilya Lichtenstein, Bitcoin hacker behind massive crypto theft, credits Trump for early prison release
World

Ilya Lichtenstein, Bitcoin hacker behind massive crypto theft, credits Trump for early prison release

The Russian-U.S. national who hacked crypto exchange Bitfinex and stole nearly 120,000 bitcoin said he has been freed from prison early thanks to the bipartisan prison-reform law signed by President Donald Trump. Ilya Lichtenstein, 38, had been sentenced in November 2024 to five years in prison after pleading guilty to a money laundering conspiracy charge […]

Read More
S&P 500 is little changed as first-day gain sputters, chip stocks remain strong: Live updates
World

S&P 500 is little changed as first-day gain sputters, chip stocks remain strong: Live updates

A trader works on the floor of the New York Stock Exchange (NYSE) after the opening bell in New York on Jan. 2, 2026. Angela Weiss | AFP | Getty Images The S&P 500 was relatively unchanged on Friday, the first trading day of 2026, as gains in semiconductor names kept losses in check. The […]

Read More
Musk’s Grok AI bot is fixing safeguard ‘lapses’ after posting of sexualized images of children
World

Musk’s Grok AI bot is fixing safeguard ‘lapses’ after posting of sexualized images of children

Elon Musk looks on as US President Donald Trump speaks at the US-Saudi Investment Forum at the John F. Kennedy Center for the Performing Arts in Washington, DC on Nov. 19, 2025. Brendan Smialowski | AFP | Getty Images Elon Musk’s Grok chatbot blamed “lapses in safeguards” for the recent posting of artificial intelligence-generated sexualized […]

Read More