10 AI News and Ratings Making Waves on Wall Street

5. Super Micro Computer, Inc. (NASDAQ:SMCI)

Number of Hedge Fund Holders: 33

Super Micro Computer, Inc. (NASDAQ:SMCI) develops and provides modular server and storage solutions, software, and support services for enterprise, cloud, AI, and 5G markets worldwide.

On February 11, Super Micro (NASDAQ:SMCI) announced preliminary FQ2 2025 results and provided an update on Supermicro’s fiscal 2025 progress. Projected net revenue is expected between $5.6 billion and $5.7 billion, a 54% year-over-year increase. The company expects continued growth fueled by AI demand and the transition to Blackwell GPUs. Preliminary non-GAAP earnings range from $0.58 to $0.60 per share, with margins affected by product mix and R&D investments.

Technology progress includes shipments of NVIDIA Blackwell products and expanded liquid-cooled data center solutions, which aim to lower costs and improve energy efficiency. Production capacity is increasing across Malaysia, Taiwan, Europe, and the U.S.

The management said that AI platforms contributed over 70% of Q2 revenue. Despite some margin pressure, cash flow remains managed, and cash ended at $1.4 billion. Adjustments were made to prior financial results without a restatement. Supermicro expects Q3 revenue between $5 billion and $6 billion, with updated fiscal 2025 revenue guidance at $23.5 billion to $25 billion. Completion of fiscal year 2024 filings is anticipated by the extended Nasdaq deadline.