Super Micro Elevates Revenue Projection Amid Robust AI Demand
Tuesday, 30 April 2024, 20:27
Super Micro Boosts Full-Year Revenue Outlook
Super Micro, a newly added component of the S&P 500 index, has heightened its full-year revenue forecast as a result of the increasing demand for AI technologies. The company witnessed a significant acceleration in growth, escalating from 103% in the previous quarter to an impressive 200%. However, their revenue performance failed to meet projections.
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