Super Micro Computer shares jumped 15% in premarket trading after the company reported a record order backlog and higher expected margins.
Super Micro Computer shares rose 15% in premarket trading following a business update revealing that the company expects gross margins to nearly double. The server maker projected margins between 15% and 17%, a significant increase from the 8.2% to 8.4% range previously guided in May. The company attributed this improvement to a favorable customer and product mix. Super Micro Computer reported that its backlog reached record levels at the end of fiscal 2026, with new orders exceeding $60 billion received during the fourth quarter. These orders are scheduled for delivery over the coming quarters. The company also provided revenue guidance for the June quarter, estimating the low end of its $11.0 billion to $12.5 billion range. While the stock has experienced volatility this year, the surge in demand for AI-driven servers continues to benefit the company and its rivals, Dell and Hewlett Packard Enterprise. Super Micro Computer is scheduled to hold an earnings call on Aug. 11.