Super Micro Computer (SMCI) said its fiscal first quarter ended Sept. 30, 2026, came in well ahead of plan, and now expects revenue of $18.5 billion to $19.5 billion, up from its August guidance of $14.5 billion to $15.5 billion, primarily due to increased demand for AI platforms. It raised its gross margin estimate to 12.0%–12.5% from 10.4%–10.8%. The figures are preliminary and unaudited, and the company warned actual results may differ materially. Operating cash flow for fiscal 2026 was -$6.81 billion due to an inventory build, and a board review of transactions tied to export-control issues remained open as of the August report. After the regular session closed at $32.47, shares rose 15.54% to $37.52 after hours.
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SMCIearningsartificial intelligenceexport controls
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NVDA
▲ Likely positiveNvidia
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% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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