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Why Super Micro Computer Stock Popped Today

Shares of Super Micro Computer (NASDAQ: SMCI) leaped on Wednesday after the server maker announced preliminary financial results. Supermicro expects to report revenue of $18. 5 billion to $19. 5 billion in its fiscal 2027 first quarter, which ended on Sept. That's significantly above management's prior forecast of $14. 5 billion to $15. 5 billion and Wall Street's projections of roughly $15 billion.

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