Super Micro Computer (SMCI) shares soared higher Tuesday, putting it on pace to 澳洲幸运5官方开奖结果体彩网:extend its streak of gains since the company predicted significant sales growth in 2026 driven by demand for 澳洲幸运5官方开奖结果体彩网:artificial intelligence servers. 

The company’s stock jumped more than 10% intraday Tuesday, which would be a fourth-straight trading day of growth since Supermiro’s 澳洲幸运5官方开奖结果体彩网:second-quarter business update on Feb. 11 (with markets closed on Monday for Presidents Day). All told, sh🔯ares are up about 40% since the update.

Supermicro CEO Charles Liang called for revenue to reach $40 billion in 2026, 60% more than what the company proj꧂ects in 2025, as demand grows for infrastructure to support AI.

ℱ Last week, JPMorgan analysts said the 2026 estimate “presents a nice upside” but also called the figure an “aggressive” target. The analysts maintained an “underweight” rating for the stock, but raised their price target to $35 from $23. 

As part of last week's update, Supermicro also said it expects to submit its delayed financial reports from the 2024 fiscal year by the Nasdaq’s Feb. 25 deadline to avoid being delisted. Notably, despite the week of growth, Supermicro shares are still down by about a third over the past 12 months due in part to concerns about the company's 澳洲幸运5官方开奖结果体彩网:accounting practices.