Supermicro stock jumped in after-hours trading as the company upped its gross margin guidance amid a record backlog of orders.
What happened: Supermicro (SMCI) stock jumped 18% in after-hours trading on Tuesday.
What's behind the move: The AI server maker announced it expects gross margins to nearly double as it works throu⌠[+1341 chars]
What's behind the move: The AI server maker announced it expects gross margins to nearly double as it works throu⌠[+1341 chars]