TNW | Finance
Supermicro expects up to $19.5bn in quarterly revenue, $4bn above guidance
The AI server maker had guided $14.5bn to $15.5bn for the quarter to September. Gross margins also came in above forecast, though the figures are still unaudited.
Via TNW | Finance
·Excerpt
Credit: Supermicro
Supermicro expects to report revenue of $18.5bn to $19.5bn for the three months to September, against the $14.5bn to $15.5bn it had guided. The AI server maker put the gap down to “increased demand for AI platforms”.
The company published the preliminary figures in a business update after the US market closed on Tuesday. At the midpoint, the new range is $4bn above its own forecast.
Margins beat too
Supermicro also expects a gross margin of 12.0% to…
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