Super Micro Computer shares rose 4% to $31.73 as AI server stocks rebounded from a steep one-month decline, ahead of results due on November 3, though the company has not confirmed the timing. On November 3, Super Micro announced a collaboration with SambaNova to build inference racks pairing SN50 chips with NVIDIA GPUs. Preliminary September-quarter revenue is $18.5 billion to $19.5 billion, above prior guidance of $14.5 billion to $15.5 billion, but gross margin guidance of 10.4% to 10.8% is below the 17.6% adjusted margin of the prior quarter. The company also faces export-control issues, including charges against several senior employees for allegedly smuggling NVIDIA AI servers to China, and an independent board review of certain transactions. Hewlett Packard Enterprise and Dell rose 6% and 5%, but their broader product mix differs from Super Micro's AI-focused model.
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SMCINVDAartificial intelligenceexports
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Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 11/02/2026 | 202.06 |
| Change that session | -1.26% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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