SMCI shares surge 9.19% intraday after reporting $12.68B Q2 revenue and raising full-year sales outlook to $40B on strong AI infrastructure demand.

Super Micro Computer (SMCI) surged 9.19% intraday following a fiscal second-quarter revenue report of $12.68 billion and an upward revision of its full-year net sales outlook to at least $40 billion, driven by robust AI infrastructure demand. The results marked a significant earnings beat and signaled a potential shift in momentum for the stock, which had declined 22.41% over 90 days. The guidance raise, coupled with management’s optimism about reaching $40 billion in revenue by 2026 via Direct Liquid Cooling (DLC) technology adoption, fueled investor enthusiasm. Despite concerns over short seller allegations and margin pressures, the near-term focus on AI-driven growth and improved visibility prompted the sharp intraday rally.