Supermicro Raises Q1 Revenue Estimate to Up to $19.5 Billion on Surging AI Platform Demand

Super Micro Computer sharply raised its preliminary revenue outlook for the first quarter of fiscal year 2027, ended September 30, 2026, citing a surge in demand for AI platforms. The company now estimates Q1 revenue of $18.5 billion to $19.5 billion, well above its prior guidance of $14.5 billion to $15.5 billion and roughly four times the $5.02 billion reported in the same period a year earlier.

Supermicro also lifted its gross margin outlook to a range of 12.0% to 12.5%, up from a previous estimate of 10.4% to 10.8%, pointing to stronger pricing and product mix. The company cited robust demand for its liquid-cooled AI server solutions built around Nvidia's GB300 and B300 Blackwell Ultra chips, as well as AMD's 355X LC platform, with shipments described as just beginning to ramp.

Shares of SMCI surged approximately 12% in after-hours trading Tuesday following the announcement. Supermicro scheduled its full earnings call for November 3rd at 5 p.m. Eastern time.