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Equity Financing

All articles tagged with #equity financing

business1 month ago•3 min saved

Super Micro Stock Surges on Margin Upgrade, Backlog Breaks Records

Super Micro Computer jumped more than 20% after-hours after raising its June-quarter gross-margin guidance to 15-17%, roughly double the previous 8.2-8.4%, aided by favorable product mix. The company also reported a record backlog of over $60 billion in new orders, with revenue expected near the lower end of prior guidance ($11 billion to $12.5 billion). The stock has fallen about 50% over the past year amid smuggling investigations and dilution fears from a $7 billion equity financing; past DOJ charges against co-founder Wally Liaw and a Taiwan probe into Nvidia-chip smuggling have weighed on sentiment. Earnings are slated for Aug. 11.

via Barron's|

#ai-servers #backlog #business

business2 months ago•11 min saved

SMCI to Raise $7B for AI Servers as Orders Spike, Shares Drop

Super Micro Computer (SMCI) unveiled a plan to raise about $7 billion through a mix of roughly $5 billion in underwritten equity offerings and a $2 billion at-the-market program (starting no earlier than Q3) to fund AI server components, debt repayment, capital expenditures, and other corporate uses. The move comes as demand for Nvidia-powered AI servers supports ~$39 billion in orders, but the stock slid about 9% after hours amid execution concerns and competition from Dell and HPE. JPMorgan Chase, Goldman Sachs, and Citigroup lead the financing, and SMCI also disclosed risk details tied to the March indictment of co-founder Wally Liaw (though SMCI wasn’t named in the case).

via Yahoo Finance|

#ai-servers #business #equity-financing

business2 months ago•10 min saved

SMCI to raise $7B to fuel AI server push

Super Micro Computer said it will raise about $7 billion through equity and equity-linked financing to fund components for its AI servers, aiming to fulfill roughly $39 billion in orders from more than 20 customers as AI infrastructure demand surges; the package includes about $3.75B in depositary shares and $1.25B in common stock sold to underwriters, plus up to $2B more via an at-the-market offering later; proceeds could also repay debt, bolster working capital, or fund capital expenditures, and the stock fell about 8% after hours.

via Yahoo Finance|

#ai-servers #atm-offering #business