From Nasdaq: 2024-04-29 12:00:00

Super Micro Computer, Inc. (SMCI) is set to release its third-quarter fiscal 2024 results on Apr 30, with expectations of strength in its Server and Storage Systems segment. The segment saw revenues of $3.44 billion in the last quarter, marking a 107% increase year-over-year. Analysts estimate third-quarter revenues to reach $3.6 billion. Increased demand for AI servers and partnerships with NVIDIA (NVDA) are key factors driving growth for SMCI. Investors may also consider other tech stocks like Arista Networks (ANET) and Dell Technologies (DELL), which have shown positive gains this year. Learn more about SMCI’s performance ahead of earnings.



Read more at Nasdaq: Server & Storage to Aid Super Micro Computer (SMCI) Q3 Earnings?