The shares of the American specialized IT and hardware infrastructure company Super Micro Computer Inc. gained ground shortly after Tuesday's closing bell after the firm raised its fourth-quarter fiscal-year 2026 gross margin guidance to a range of 15% to 17%, significantly higher than the previous range of 8.2% to 8.4%, driven by a favorable customer and product mix.
The company added that it sees its revenue for the same trimester near the low end of its $11 billion to $12.5 billion guidance range. Super Micro's stock skyrocketed 20.71% during after-hours trading following the announcement, selling at $30.78 apiece.
https://breakingthenews.net/Article/Super-Micro-jumps-20-after-hiking-Q4-forecast/66742970
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