Super Micro Computer (SMCI) is working with Nokia (NOK) and Nvidia (NVDA) to bring AI computing to 5G networks, letting telecom operators run AI services closer to customers while preparing for 6G, though no customer contracts or revenue expectations were disclosed. Its preliminary update estimated first-quarter fiscal 2027 revenue at $18.5 billion to $19.5 billion, up from prior guidance of $14.5 billion to $15.5 billion, and lifted its gross margin range to 12% to 12.5% on AI platform demand and product mix. Rosenblatt raised its price target to $57 and kept a Buy rating, while Bank of America lifted its target to $38 but kept an Underperform rating, citing AI server pricing pressure and lower margins on large deals. The preliminary figures are unaudited and subject to revision, with finalized results due November 3.
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Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.2T |
| Close on 10/20/2026 | 216.48 |
| Change that session | -0.28% |
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