Super Micro Computer shares rise 10.31% intraday after Q2 revenue beat and raised guidance driven by AI infrastructure demand.

Super Micro Computer surged 10.31% intraday following a blowout fiscal Q2 report that exceeded revenue and EPS estimates, coupled with an upward revision of its full-year net sales outlook to at least $40B, driven by robust AI infrastructure demand. The company’s strong performance and revised guidance aligned with a broader narrative of undervaluation, as Simply Wall St highlighted a fair value estimate of $74.53 versus its recent close of $30.85. Analyst upgrades for SMCI’s revenue forecasts further reinforced optimism, positioning the stock as a potential beneficiary of long-term AI infrastructure growth despite recent volatility. These factors collectively fueled intraday buying momentum.