Wednesday, 22 July, 2026
AI Server Boom: Super Micro Shares Surge on $60B Order Haul
By TechShots Studio
Super Micro Computer shares jumped nearly 18% in extended trading following an optimistic preliminary fourth-quarter update. Driven by massive AI server demand, the company secured over $60 billion in new orders, pushing its backlog to record levels. Super Micro also nearly doubled its expected gross margins to 15%–17%, citing a more favorable product mix.
Read full story at REUTERS