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Wajeeh Khan

Super Micro Computer Soars on Earnings Beat. Here's What Comes Next for SMCI Stock.

SMCI Super Micro Super Micro Computer Rosenblatt Rosenblatt Securities

Super Micro Computer (SMCI) shares are rallying on Wednesday even though the artificial intelligence (AI) server specialist’s fiscal Q3 revenue missed consensus estimates by more than $2 billion. 

Investors are cheering SMCI primarily because management guided for at least $0.65 in earnings per share (EPS) on up to $1.5 billion in revenue for Q4, both handily above Wall Street expectations. 

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