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Super Micro Computer Shares Lead S&P 500 With 9.12% Midday Gain

Super Micro Computer Inc. raised its fiscal first-quarter 2027 revenue estimate to $18.5 billion-$19.5 billion, pointing to increased demand for AI platforms.

A high-density compute module under bright inspection lights / TokenPost.ai
A high-density compute module under bright inspection lights / TokenPost.ai

Super Micro Computer Inc. shares led the S&P 500’s midday gainers with a 9.12% rise Oct. 21 after the company raised its fiscal first-quarter 2027 revenue estimate to $18.5 billion to $19.5 billion.

Super Micro replaced its earlier estimate of $14.5 billion to $15.5 billion. The company attributed the higher range primarily to increased demand for AI platforms. The fiscal quarter ended Sept. 30.

Shares had gained 11.5% at the U.S. open, as covered in an earlier market update. In the midday ranking, EchoStar Corporation rose 7.97%, followed by Charles River Laboratories at 7.79%, Datadog at 7.49% and Bloom Energy at 6.85%.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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