Super Micro Shares Surge on Promising Backlog Forecast

WHO:

Reuters - Super Micro Computer Inc. (SMCI.O) is the company involved in the report.

WHAT:

Yahoo Finance - Super Micro's backlog rose to record levels at the end of fiscal 2026 with total new orders in excess of $60 billion received during the fourth quarter of fiscal 2026.

Yahoo Finance - Super Micro expects its gross margin to be in the range of 15% to 17%, significantly higher than the company's prior guidance of 8.2% to 8.4%, "primarily due to a favorable customer and product mix."

Reuters - Super Micro reported that Q4 orders have topped $60 billion.

Yahoo Finance - Super Micro's shares rose more than 15% in extended trading following the preliminary quarterly results.

Yahoo Finance - The company expects gross margins to be in the range of 15% to 17%, an increase from the prior forecast of 8.2% to 8.4%.

Yahoo Finance - Fiscal fourth-quarter revenue is expected to fall on the low end of the previous guidance of $11 billion to $12.5 billion.

WHERE:

Yahoo Finance - The report pertains to Super Micro Computer Inc., which is involved in the server manufacturing industry.

WHEN:

Yahoo Finance - The preliminary results were issued on a Tuesday.

WHY:

Yahoo Finance - The company has been working to get costs under control after spending to rapidly get those servers into customers' hands and win business in a growing AI market.

Yahoo Finance - Sales have surged for Super Micro's servers fitted with Nvidia Corp. chips for artificial intelligence workloads.

Yahoo Finance - The company is working to control costs after spending to rapidly deliver servers to customers and win business in the growing AI market.

HOW:

Yahoo Finance - Super Micro is making progress in selling more profitable products, as indicated by the improved gross margin forecast.

(UPDATED July 22, 2026 01:26 UTC)

Super Micro has reported a record backlog at the end of fiscal 2026, with total new orders exceeding $60 billion received during the fourth quarter. The company anticipates its gross margin will range from 15% to 17%, a significant increase from its previous guidance of 8.2% to 8.4%, thanks to a favorable customer and product mix. This positive outlook comes as Super Micro has been focused on controlling costs after investing heavily to deliver servers quickly and capture business in the expanding AI market.

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(UPDATED July 21, 2026 22:23 UTC)

Super Micro Computer Inc. has reported that its fourth-quarter orders have exceeded $60 billion, leading to a more than 15% rise in its shares during extended trading. The company anticipates gross margins will increase to between 15% and 17%, a significant jump from the previous forecast of 8.2% to 8.4%, although fiscal fourth-quarter revenue is expected to land on the lower end of earlier guidance of $11 billion to $12.5 billion. This surge in sales is largely attributed to the demand for Super Micro's servers equipped with Nvidia chips for artificial intelligence workloads, as the company focuses on managing costs while expanding its presence in the growing AI market.