Overview
- Management said more than $12 billion in recent design wins were requested for fiscal Q2, moving expected revenue out of the September quarter.
- The revised Q1 revenue view of $5 billion misses prior guidance of $6 billion to $7 billion and trails the $6.52 billion consensus compiled by LSEG.
- Shares fell roughly 6% to 9% following the preliminary update, reflecting investor sensitivity to timing shifts in large AI infrastructure deals.
- Super Micro reiterated strong demand for Nvidia- and AMD-based AI systems, noting liquid-cooled offerings are beginning to ship.
- The company will report formal Q1 results and update its outlook on Nov. 4, as ongoing disclosure of past control weaknesses and an auditor resignation continues to color sentiment.