The past year has seen an extraordinary run for high-end server and storage
The past year has seen an extraordinary run for high-end server and storage
Amazon will report earnings after the close. Below are the expectations: Revenue: Expected to be $142.6 billion, up from $127.4 billion in Q1 2023.Adjusted Earnings Per Share (EPS): Expected to be $0.84, an increase from $0.31 in Q1 2023.Online Stores: Revenue expected to be $54.8 billion, up from $51.1 billion in Q1 2023.Amazon Web Services (AWS): Revenue expected to be $24.1 billion, up from $21.4 billion in Q1 2023.Advertising: Revenue expected to be $11.8 billion, up from $9.5 billion in Q1...
These are the stocks posting the largest moves in midday trading.
Data center specialist Super Micro Computer beat estimates for earnings in its fiscal third quarter but sales came in light. SMCI stock fell.
Revenue: Reported $3.85 billion, marking a substantial increase from $1.28
HighPoint has new 8-Channel PCIe Gen5 x16 NVMe Switch and RAID products that can support up to 32 SSDs.
Super Micro Computer shares plunged on Wednesday after the server company
(Bloomberg) -- Super Micro Computer Inc. reported quarterly sales that tripled from the same period last year but fell slightly short of estimates, disappointing investors who had sky-high expectations that the server maker’s business would benefit from AI-related demand.Most Read from BloombergHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsBinance and CZ’s Fortunes Are Set to Grow, Even in JailWall Street Hit by Fed Jitters to Close Wild April: Markets WrapTesla Soars on Tentative...
Super Micro posts fiscal third-quarter earnings after Tuesday's closing bell. MarketWatch will be doing a live breakdown of the expectations and results.
Traditional memory devices are volatile and the current non-volatile ones rely on either ferromagnetic or ferroelectric materials for data storage. In ferromagnetic devices, data is written or stored by aligning magnetic moments, while in ferroelectric devices, data storage relies on the alignment of electric dipoles.
Super Micro's in-house liquid cooling solutions for servers have helped it get products to the market quicker than its competitors, who rely partly on third-party vendors. Its close relations with chip giants Nvidia and Advanced Micro Devices, whose headquarters are less than 10 miles from Super Micro's, help it receive early samples of chips to check prototypes, giving it further advantage over rivals. Super Micro's stock, which has nearly tripled so far this year, was added to the S&P 500...