Supermicro sales expand 91% to $11.1 billion
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Super Micro Computer (NASDAQ:SMCI) reported fiscal fourth-quarter 2026 net sales of $11.1 billion, up about 91% from $5.8 billion a year earlier.
Super Micro Computer (NASDAQ:SMCI) reported fiscal fourth-quarter 2026 net sales of $11.1 billion, up about 91% from $5.8 billion a year earlier.
Super Micro Computer (NASDAQ:SMCI) said two employees at its Taiwan unit were detained by prosecutors in connection with an investigation into alleged illegal export of AI servers containing Nvidia (NASDAQ:NVDA) chips.
Bloomberg's Anthony Hughes joins Matt Miller on "Bloomberg Deals."- Super Micro Computer plans to raise $7 billion through a package of equity offerings to purchase the components needed to fulfill customers' orders for the company's AI servers.
Advanced Micro Devices gave a strong forecast for the current period while Super Micro Computer shares gained in extended trading after the company reported improved margins. Michael Shepard reports on "Balance of Power: Evening Edition."
Bloomberg Intelligence's Mandeep Singh discusses the recent developments surrounding Super Micro Computer, highlighting new charges from US authorities and the resignation of co-founder Yih-Shyan "Wally" Liaw from the board. He speaks on "Bloomberg The Close."
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