Super Micro Surprises With Strong Revenue Forecast for 2026, but Lowers Expectations for the Current Fiscal Year

The company expects revenues of $40 billion for the fiscal year ending in mid-calendar year 2026. Shares of Super Micro Computer reacted volatilely after the company presented a revenue forecast for fiscal year 2026 that exceeded Wall Street expectations. The forecast for the current fiscal year is less optimistic The stock initially fell as Super Micro drastically lowered its revenue forecast for the current fiscal year. The company now expects total revenue of between $23.5 billion and $25 billion, compared to the previous target of $26-30...