Super Micro Computer’s gains widened to 25%, its largest rise since 2024

Golden Finance reported on July 22 that Super Micro Computer’s gains have expanded to more than 25%, trading at $31.94. On the news front, Super Micro Computer released preliminary results for its fourth fiscal quarter ended June 30. The company expects GAAP and non-GAAP gross margins to be between 15% and 17%, nearly double the prior guidance range of 8.2% to 8.4%. Management attributed this above-expectations performance to favorable customer mix and product portfolio. Meanwhile, the company’s total new orders in the quarter exceeded $60 billion, setting a record high.
SMCI19.81%
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