After-hours surge up to 10%! Super Micro Computer (SMCI.US) quarterly revenue outlook far exceeds even the most optimistic expectations, further proving the AI computing power frenzy

According to the coverage from Zhihu Finance APP, Super Micro Computer (SMCI.US) released its current quarterly revenue guidance, far exceeding analysts’ estimates and further demonstrating that the booming artificial intelligence (AI) market continues to drive the surge in its server product sales. The company announced on Tuesday that revenue for the quarter ending in September is expected to reach $14.5 billion to $15.5 billion, with earnings per share excluding specific items expected at $1.01 to $1.10. Market data shows the average analyst forecast is around $12 billion in revenue and $0.74 in earnings per share, and this outlook even surpasses the highest market estimate of $13.3 billion in revenue.

Boosted by this, the stock surged as much as 10% in after-hours trading following its regular New York session close at $31.60 and was up 7.25% at the time of publication. So far this year, its cumulative share price increase has reached 8%.

In the fourth quarter ending June 30, Super Micro Computer’s revenue rose 93% year-on-year to $11.1 billion, with earnings per share excluding specific items at $1.70; the average analyst forecast was $11.3 billion in revenue and $1.59 in earnings per share. The adjusted gross margin stood at 17.6%.

Headquartered in San Jose, California, Super Micro Computer is fully benefiting from the explosive demand for AI training and inference computing infrastructure. Its servers are equipped with NVIDIA (NVDA.US) chips, which have become the main source of computing power for the vast majority of AI data centers. At the same time, the company is committed to improving profitability by increasing the proportion of high-margin products and controlling costs.

CEO Charles Liang stated in a press release: “With our continued investments in technology leadership, manufacturing scale, and global compliance, we are helping our customers deploy AI infrastructure faster and more efficiently.”

Last month, when this server manufacturer released preliminary fourth quarter results, its stock soared 20% in a single day. At that time, its order backlog hit a record high due to over $60 billion in new orders, and the company noted that profit margins would be better than expected.

On Tuesday, Super Micro Computer further forecast revenue for the new fiscal year beginning in July to reach $65 billion to $72 billion, while the average analyst estimate was only $54.4 billion.

Analyst Woo Jin Ho noted in a report that the annual outlook “reflects both reinforced AI opportunities and improved sales execution, with normalized gross margins showing a slight improvement as well.”

In March of this year, U.S. prosecutors accused Super Micro Computer co-founder Yih-Shyan of illegally diverting servers equipped with NVIDIA chips worth several billion dollars to China in violation of U.S. export control regulations. Super Micro Computer was not named as a defendant; the company said it is cooperating with the authorities' investigation. In late June, after Taiwanese prosecutors raided Super Micro’s local office, two company employees were detained.