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Super Micro Surges on AI Forecast, but Questions Remain
Key takeaways
- The analyst who called NVIDIA in 2010 just named his top 10 stocks and Super Micro Computer wasn t one of them.
- Super Micro Computer (NASDAQ:SMCI) reported Q3 FY2026 results after the close on May 5, 2026, beating on earnings but missing badly on revenue.
- GAAP gross margin climbed to 9.9% from 6.3% in Q2, with non-GAAP at 10.1%.
Super Micro Surges on AI Forecast, but Questions Remain Rich Duprey Wed, May 6, 2026 at 11:53 PM GMT+7 3 min read SMCI NVDA Quick Read Super Micro Computer (SMCI) beat EPS by 34.51% at $0.84 but missed revenue expectations at $10.24B, yet raised full-year guidance to $38.9B-$40.4B driven by AI liquid-cooled racks and DCBBS datacenter platforms.
Gross margin surged to 9.9% from 6.3% sequentially and operating income jumped 326% year-over-year, though the balance sheet burned $6.6B in cash from operations in Q3 while bank debt and convertibles reached $8.8B amid an ongoing export-control review.
The analyst who called NVIDIA in 2010 just named his top 10 stocks and Super Micro Computer wasn t one of them. Get them here FREE.
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