Super Micro shares surge as company sharply raises margin outlook

SMCI Super Micro Computer Inc

$35.57 +9.55%

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1. 1Super Micro Computer (SMCI) raised its Q4 gross margin guidance sharply, from 8.2–8.4% to 15–17%.
2. 2The company said it secured more than $60 billion in new orders in Q4 alone, pushing total order backlog to a record high.
3. 3On the news, SMCI shares jumped more than 25% in extended trading, while competitors Dell (DELL) and HPE rose 6% and 5%, respectively.

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