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Super Micro Computer shares fell 6% on Thursday after the company released weak preliminary results for its fiscal first quarter of 2026.
The server maker said it expects to report $5 billion in revenue for the quarter, down from the $6 billion to $7 billion guidance that the company had previously issued.
Super Micro said "design win upgrades" pushed some expected first-quarter revenue to the second quarter.
"We see customer demand accelerating, and we are gaining AI share, reiterating revenue of at least $33B for FY 2026 with the expectation of delivering more." Super Micro CEO Charles Liang said in a statement.
Super Micro said it has had "recent design wins" of more than $12 billion, and that delive