Supermicro stock soars on strong margin, revenue forecast Ines Ferré · Senior Business Reporter May 6, 2026 1 min read SMCI NVDA What happened: Supermicro (SMCI) stock jumped 24% on Wednesday. What's behind the move: The server maker posted improved margins for its fiscal third quarter and projected revenue above Wall Street expectations, driven by strong demand for artificial intelligence data center infrastructure. Sales of the company's servers equipped for Nvidia (NVDA) chips have jumped as customers ramp up capacity to train and run AI workloads.
The company posted an adjusted gross margin of 10.1% in the fiscal third quarter, which topped analysts' estimates of 6.75%. The server maker also sees fourth quarter net sales of $11 billion to $12.5 billion, beating a consensus estimate of $11.16 billion. What else you need to know: Supermicro stock has been volatile in recent years.
In March, US prosecutors accused Supermicro co-founder Yih-Shyan "Wally" Liaw of unlawfully rerouting billions of dollars' worth of Nvidia-based servers to China, allegedly in breach of US export control regulations. The company also faced headwinds tied to accounting and governance concerns. The stock has erased its year-to-date losses and is now up more than 5% since the start of 2026.
Ines Ferre is a Senior Business Reporter for Yahoo Finance covering the US stock market, publicly traded companies, and commodities. Click here for in-depth analysis of the latest stock market news and events moving stock prices Read the latest financial and business news from Yahoo Finance {"contentId":"2d096627-2294-4794-988b-d51152c5e987","canonicalUrl":"https://finance.yahoo.com/markets/stocks/article/supermicro-stock-soars-on-strong-margin-revenue-forecast-121430095.html","owningPropertyUrl":"https://finance.yahoo.com/markets/stocks/article/supermicro-stock-soars-on-strong-margin-revenue-forecast-121430095.html","providerId":"yahoofinance.com","commerceSiteId":"","site":"finance","region":"US","lang":"en-US","tags":[,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,],"categories":[,,],"commerceArticleType":""} Terms and Privacy Policy EU DSA contact Privacy & Cookie Settings More Info
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