10 Stocks Outperform Wall Street Indices on Wednesday

3. Super Micro Computer Inc. (NASDAQ:SMCI)

Super Micro jumped by 12.23 percent on Wednesday as investors gobbled up shares in the company following the successful submission of its delayed filings on its final deadline, a factor that was vital to keep its position as a listed firm on the Nasdaq exchange.

SMCI erased earlier losses on Tuesday after cautious investors turned to sellers prior to the company’s submission of delayed filings that occurred after market close.

According to SMCI, the Nasdaq accepted its compliance with the exchange requirements, and the matter is now closed.

In its delayed annual report, Super Micro Computer, Inc. said sales in fiscal year 2024 more than doubled to $14.99 billion year-on-year on the back of growing demand for its products to support artificial intelligence.

Earlier this month, SMCI said revenue could hit $40 billion in fiscal year 2026 after reaching $23.5 billion to $25 billion in 2025.