Nvidia Rallies Anew After Rosy Forecast Shows AI Boom Is Strong [Yahoo! Finance Canada]
Super Micro Computer, Inc. (SMCI)
Last super micro computer, inc. earnings: 8/3 04:05 pm
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Source: Yahoo! Finance Canada
Most Read from Bloomberg Second-quarter revenue will be about $28 billion, the company said Wednesday, topping the $26.8 billion predicted by analysts. Results in the fiscal first quarter, which ended April 28, also beat projections — lifted by growth in Nvidia's data-center division. ADVERTISEMENT The big question heading into the earnings report was whether Nvidia's latest numbers could justify the dizzying run-up in its stock. The shares had gained 92% this year through Wednesday's close, fueled by investor hopes that the company would continue to shatter expectations. The report didn't disappoint, and Chief Executive Officer Jensen Huang stoked the excitement by talking about the dawning of a new era. “This is the beginning of a new industrial revolution,” he said in an interview, echoing one of his favorite themes. “This is really exciting.” The upbeat outlook reinforces Nvidia's status as the biggest beneficiary of AI spending. The company's so-called AI accelerators
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SMCI
News
- Top S&P 500 Stocks of 2024: SMCI, CEG, NVDA Ride AI Wave [Yahoo! Finance]Yahoo! Finance
- Elon Musk wins Tesla pay vote, stocks under pressure: Yahoo Finance [Yahoo! Finance]Yahoo! Finance
- Is There Now An Opportunity In Super Micro Computer, Inc. (NASDAQ:SMCI)? [Yahoo! Finance]Yahoo! Finance
- 2 AI Stocks Not Named Nvidia or SMCI to Buy on the Dip [Yahoo! Finance]Yahoo! Finance
- This New S&P 500 Artificial Intelligence (AI) Stock Is Growing 5 Times Faster Than Its Industry [Yahoo! Finance]Yahoo! Finance
SMCI
Earnings
- 4/30/24 - Beat
SMCI
Sec Filings
- 6/5/24 - Form 4
- 6/3/24 - Form 4
- 6/3/24 - Form 144
- SMCI's page on the SEC website