Super Micro forecasts upbeat annual revenue on AI boom

Aug 11 : Super Micro Computer forecast fiscal 2027 revenue above Wall Street expectations on Tuesday, betting that strong demand for its AI-optimized servers would fuel another year of growth, sending its shares up 9 per cent in extended trading.The server maker has been a winner in the race to equip data centers for generative AI, leveraging its close relationships with chipmakers and its reputation for speed-to-market. AI infrastructure firms have seen demand accelerate as tech companies and cloud providers ramp up investments in data centers to support large language models and other AI applications.Big Tech companies have signaled that spending on AI would ​not slow down, with combined outlays set to surpass $730 billion this year. Super Micro expects annual revenue between $65 billion