{"slug": "supermicro-stock-jumps-on-gross-margin-raise-amid-record-60-billion-backlog", "title": "Supermicro stock jumps on gross margin raise amid record $60 billion backlog", "summary": "Supermicro stock jumped 18% in after-hours trading Tuesday after the AI server maker announced it expects gross margins to nearly double, citing a record order backlog. The company reported total new orders in excess of $60 billion received during the fourth quarter of fiscal 2026 and guided gross margins of 15% to 17%, up from prior guidance of 8.2% to 8.4%.", "body_md": "**What happened: **Supermicro ([SMCI](https://finance.yahoo.com/quote/SMCI/)) stock jumped 18% in after-hours on Tuesday.\n\n**What's behind the move: **The AI server maker announced it expects gross margins to nearly double as it works through a record order backlog in the coming quarters.\n\n\"Backlog rose to record levels at the end of fiscal 2026 with total new orders in excess of $60 billion received during the fourth quarter of fiscal 2026,\" said the company in its business update.\n\nSupermicro said it expects its gross margin to be in the range of 15% to 17%, significantly higher than the company's prior guidance of 8.2% to 8.4%, \"primarily due to a favorable customer and product mix.\"\n\n**What else you need to know: **Supermicro designs and builds servers and data center systems that incorporate semiconductors from chip makers including Nvidia ([NVDA](https://finance.yahoo.com/quote/NVDA)), Intel ([INTEL](https://finance.yahoo.com/quote/INTEL)), and AMD ([AMD](https://finance.yahoo.com/quote/AMD/)).\n\nLast month, Supermicro CEO Charles Liang congratulated Elon Musk for SpaceX's IPO, revealing that the company was co-building \"another new Gigawatt AI datacenter for [@SpaceX](https://x.com/SpaceX) and [@XAI](https://x.com/XAI) within a year!\"\n\nDespite the AI boom, the stock has had a volatile ride in recent months.\n\nYear-to-date shares are down 17% after [tumbling in June following an announcement of an equity raise](https://finance.yahoo.com/markets/stocks/article/supermicro-computer-stock-sinks-on-7-billion-equity-raise-124041144.html) to purchase components to fulfill $39 billion in AI server orders.\n\n*Ines Ferre is a senior business reporter for Yahoo Finance. Follow her on X at **@ines_ferre**.*\n\n**Click here for in-depth analysis of the latest stock market news and events moving stock prices**\n\n**Read the latest financial and business news from Yahoo Finance**", "url": "https://wpnews.pro/news/supermicro-stock-jumps-on-gross-margin-raise-amid-record-60-billion-backlog", "canonical_source": "https://ca.finance.yahoo.com/news/supermicro-stock-jumps-on-gross-margin-raise-amid-record-60-billion-backlog-223037795.html", "published_at": "2026-07-21 22:30:37+00:00", "updated_at": "2026-07-21 22:39:28.331351+00:00", "lang": "en", "topics": ["artificial-intelligence", "ai-infrastructure", "ai-chips"], "entities": ["Supermicro", "SMCI", "Nvidia", "Intel", "AMD", "Charles Liang", "SpaceX", "xAI"], "alternates": {"html": "https://wpnews.pro/news/supermicro-stock-jumps-on-gross-margin-raise-amid-record-60-billion-backlog", "markdown": "https://wpnews.pro/news/supermicro-stock-jumps-on-gross-margin-raise-amid-record-60-billion-backlog.md", "text": "https://wpnews.pro/news/supermicro-stock-jumps-on-gross-margin-raise-amid-record-60-billion-backlog.txt", "jsonld": "https://wpnews.pro/news/supermicro-stock-jumps-on-gross-margin-raise-amid-record-60-billion-backlog.jsonld"}}