Super Micro raises revenue outlook; Nvidia demand continues
NVDA NVIDIA Corp
$221.97 +2.54%
View chart & analysis → 
- 1Super Micro's projected revenue for Q1 FY2027 of $18.5 billion to $19.5 billion is higher than the previous revenue outlook of $14.5 billion to $15.5 billion provided by Super Micro management in August.
- 2Super Micro shares rose approximately 9% on Wednesday.
- 3Nvidia CEO Jensen Huang said demand is very unusual and capacity is a constraint.
So what's the key point?
Super Micro has raised its expected future revenue. The company's stock price rose because there are many people looking for Nvidia products.
Source The Motley Fool +1 · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.