Supermicro Stock Surges 7% on July 21, Guidance Points to Gross Margin Doubling to 15-17%

SMCI6.96%
According to Yahoo Finance, Supermicro Computer (NASDAQ: SMCI) stock surged 7.01% to $25.50 at the close of New York trading on July 21, with an additional 18.55% gain in after-hours trading. The rally followed the company's guidance forecasting gross margins of 15-17% for upcoming quarters, nearly double its prior guidance of 8.2-8.4%, supported by record backlog totaling over $60 billion accumulated in Q4 alone.
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GateUser-69ffb54avip
· 1h ago
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· 1h ago
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· 1h ago
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· 1h ago
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· 1h ago
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· 1h ago
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· 1h ago
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GateUser-69ffb54avip
· 1h ago
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GateUser-69ffb54avip
· 1h ago
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GateUser-69ffb54avip
· 1h ago
Just go for it 👊
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