All articles tagged with #smci
Taiwanese authorities raided Super Micro Computer's offices as part of an investigation into alleged smuggling of Nvidia AI chips to China, tied to U.S. export-control enforcement. The probe underscores regulatory and compliance risks for SMCI’s AI server business and could affect customer perception and supply-chain costs as policymakers scrutinize high-end chip exports.
Super Micro Computer (SMCI) rebounded in after-hours trading after a 28% regular-session drop tied to a $7 billion equity offering intended to fund about $39 billion of new AI server orders from around 20 customers. Retail traders on StockTwits debated whether the orders are credible and whether dilution could hurt shareholders, a concern heightened by a March indictment of a co-founder. Despite the rebound, the stock remains down for 2026 amid broader market jitters and other headlines such as the SpaceX IPO backdrop.
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).
Stocks including Super Micro Computer (SMCI), Cracker Barrel (CRBL), Nike (NKE) and CAVA were among the biggest premarket movers, per CNBC Market Insider.
Hewlett Packard Enterprise's stronger‑than‑expected Q2 results sparked after‑hours gains for rivals Dell Technologies and Super Micro Computer, as HPE guided robust AI infrastructure demand and data‑center growth, signaling a sector‑wide tailwind for enterprise AI servers and related infrastructure into 2026–27.
U.S. stock futures edged higher as investors weigh Iran’s tentative ceasefire terms against Dell’s booming AI-server sales, lifting peers like HPE and SMCI ahead of economic data and Fed speeches, while investors monitor Space stocks and regulatory headlines.
Nvidia CEO Jensen Huang reportedly urged Super Micro to tighten trade/compliance controls after Taiwan detained three people for allegedly misdeclaring AI servers made by the U.S. partner, per Bloomberg.
Taiwanese prosecutors detained three suspects in a $2.5 billion Nvidia chip-smuggling case tied to Super Micro Computer (SMCI), alleging SMCI servers with Nvidia chips were sold to China using falsified documents; U.S. authorities had previously charged SMCI employees and a contractor for evading export controls. SMCI says the conduct violates its policies and has paused two employees and terminated a contractor. The move comes as the stock had jumped about 9% the prior day, with analysts rating it Hold and an average target near $34.82, signaling modest upside.
Super Micro Computer (SMCI) surged after its Q3 FY26 results, with adjusted EPS of $0.84 beating estimates and gross margins rebounding to 10.1% from 6.3%, easing fears of pricing pressure in the AI server market. Revenue came in at $10.2B, below consensus of $12.3B, but management attributed the miss to customer site readiness rather than weak demand, noting a record backlog and strong AI infrastructure demand. The company raised FY26 revenue guidance to $38.9–$40.4B and projected Q4 sales up to $12.5B, underscoring optimism for a late-year uptick. The rally was buoyed by AMD strength and ongoing AI buildout, though investors will watch inventory levels (~$11.1B) and a DOJ export-controls probe.
U.S. stock futures rose after Trump signaled progress toward a possible Iran deal, while AMD and SMCI jumped after strong earnings; extended trading saw AMD up about 16% and SMCI up about 18%, and regular trading pushed the Nasdaq and S&P 500 to fresh record highs as oil slid ahead of a busy earnings slate and payroll data.
Super Micro Computer (SMCI) jumped about 18% after-hours after reporting a quarter with non-GAAP EPS of $0.84 and revenue of $10.2 billion (up 122% year over year) but missing estimates; management guided Q4 revenue to $11–$12.5 billion and non-GAAP EPS of $0.65–$0.79, while full-year revenue guidance of $38.9–$40.4 billion came in below consensus. Margins improved to 9.9% from 6.3% prior quarter, easing some fears of pricing pressure, but governance concerns from March remain a talking point as investors weigh trust and competitive risks, with top investor James Foord rating SMCI Strong Sell and Wall Street largely neutral with a $30.53 12-month target.
Super Micro Computer reported Q3 FY2026 EPS of $0.84 (beat) on $10.2B revenue, up 122% YoY but below the $12.39B expected; management highlighted AI-driven data-center demand and new U.S. manufacturing capacity, and issued Q4 guidance of $11.0–$12.5B in revenue with GAAP EPS of $0.53–$0.67 (non-GAAP $0.65–$0.79). For FY2026, revenue is guided to $38.9–$40.4B. Analysts remain mostly on Hold with a $30.53 average target (~9.8% upside); shares rose after-hours.
Super Micro Computer is set to report its Q3 FY26 after hours on May 5. Wall Street expects about $0.62 per share on roughly $12.39 billion in revenue, a roughly 170% year‑over‑year increase, but gross margin around 6.4% last quarter highlights ongoing margin pressure. Investors will scrutinize the Nvidia partnership and the rollout of Blackwell systems for growth, with options implying a post‑earnings move near 13%. Analysts remain cautious, with a consensus Hold and a roughly $30.5 target implying ~9% upside. The stock has fallen more than 42% over six months amid U.S. charges over diverted Nvidia chips, though it has rebounded recently; legal risks including indictments and shareholder lawsuits remain a concern for investors.
Despite a 30%+ stock drop after DoJ charges against employees, the DoJ found no charges against Super Micro; the alleged $2.5B smuggled sales amount to about 10% of FY25 revenue, while FY26 net sales guidance remains at least $40B. The company isn’t implicated, and ongoing growth and new products support a buying opportunity, though risk remains if future executive involvement emerges.