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Benzinga
Benzinga
Business
Henry Khederian

Super Micro Computer (SMCI) Shares Climb Wednesday As Investors Await Crucial Earnings

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Shares of Super Micro Computer Inc (NASDAQ:SMCI) are rallying on Wednesday, reversing a slight decline from the previous session as investors position themselves ahead of the company’s highly anticipated fourth-quarter earnings report next Tuesday.

What To Know: The server manufacturer’s upcoming results are seen as a critical barometer of its ability to navigate a challenging landscape for AI hardware suppliers. For the fourth quarter, Wall Street analysts are forecasting earnings per share (EPS) of 44 cents on revenue of $5.88 billion.

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