SMCI Stock Climbs Nearly 5% In Tuesday Pre-Market: What's Going On?

The shares of Super Micro Computer Inc. SMCI rose 4.8% during the pre-market trading session on Tuesday amid positive sentiment ahead of its annual report filing deadline on Feb 25.

The shares are also rising following its upbeat FY2026 revenue projection last week. What Happened : Super Micro Computer’s stock rise is largely due to the company’s FY2026 revenue projection of $40 billion, a 70% increase from FY2025, which surpassed analysts’ expectations. This bullish outlook comes despite the company missing its second-quarter results and providing a less-than-stellar FY2025 guidance.



The company is currently under legal scrutiny following allegations of accounting manipulation and sanctions evasion. However, the company’s CEO, Charles Liang, expressed confidence that they will meet the February 25 deadline for filing the delayed annual report. SEE ALSO: After Discounts, Tesla Is Now Offering Free Vinyl Wraps To Boost Foundation Series Cybertruck Sales Why It Matters : Super Micro Computer’s stock has risen over 1,336% in the last five years, backed by demand for AI hardware and infrastructure in line with the AI boom.

The launch of ChatGPT in 2022 posed a positive catalyst for the server market, as demand for AI servers increased with the generative AI boom. Super Micro Computer was accused of accounting manipulation, sibling self-dealing , and sanctions evasion by Hindenburg Research. However, an independent Special Committee did not find any evidence of fraud or misconduct on the part of management or the company’s board.

CEO Charles Liang expressed confidence in the future operations of SMCI: "With our leading direct-liquid cooling (DLC) technology and over 30% of new data centers expected to adopt it in the next 12 months, Supermicro is well positioned to grow AI infrastructure design wins based on NVIDIA NVDA Blackwell and more." Last week, Wedbush increased the firm's price target on Super Micro from $24 to $40. READ MORE: Apple and Meta in Race To Develop AI-Powered Humanoid Robots © 2025 Benzinga.

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