Super Micro stock surges after outlining ambitious 2026 targets, assuring investors it will avoid delisting

Super Micro Computer (:CmOn Wednesday, the stock jacket grew as many as 12%, after the technology company announced a positive update to repay the NASDAQ and outlined the ambitious new goal of the income.

The company now told investors on Tuesday expect to submit delayed files to sec To avoid restrictions on February 25, NASDAC.

Super Micro says “continues to work hard to present its delayed annual and quarterly reports,” and “University” and “thinks that such patts will make such hard ones until February 25.” The company laid the prescription of the dictation after tumors transmit It was published last year through short-term Hindhenburgh research, which accuses the server creator of accounting violations.

Fruits Dell (:Disaster) It makes computer servers using NVIDIA (Nvda) The last Blackwell AI chips, Super Micro’s Ceo Charles Liang is about recalling investors late on Tuesday.

After calling Tuesday, Super Micro reports that the earnings of the second quarter of the second quarter for 2025, which missed Wall Street. According to the company, it expects $ 5.6 billion worth of $ 5.7 billion to $ 5.95 billion expected by Wall Street analysts.

In 2025, the company cut its revenue guide to $ 23.5 billion and $ 25 billion to $ 30 billion.

On Tuesday, SMCI’s shares were sank by 19%, prior reaction with earnings before reversing the direction.

Lucking added to his call with investors on Tuesday evening, the server creator has a “secret product” to support that requirement. Bloomberg analysts predicted 2026 income more about $ 30 billionA number of Super Micro said last week that it NVIDIA Blackwell AI Chips Data Service Server Systems are now fully availableA number

Super Micro business update comes after Anxious year While the company has faced continuous contradictions due to the Hindenburg report. Is The US Department of Justice is reported to launch a probe to Super Micro accounting experience. Company Delayed Annual and Quarterly Files in Risk by NASDAQ to Zeal and For The accountant resignedA number

NASDAQ gave a super micro to the extension, presenting the file until February 25. The company has rented a new accountant and the server creator said The independent review of his business has not found any evidenceA number

The story continues

Super micro shares were from above to the February 11 business update, but Tuesday was overturned. At the end of Tuesday’s Completion, the shares fell by more than 9%, completing a week’s rally, which the shares were about 60%.

On Tuesday, Super Micro updated with its update that “received the signings of the Chair of Justice and the Securities and Exchange Committee, which are looking for some documents published in August 2024.

“The company cooperates with these documents requirements,” the company continued.

Super Micro added that it faces “several complaints of securities trial and derivative suits”, but thinks that “without merits.”

Laura Bratton is a journalist of Yahoo Finance. Follow him on Blureky @ Laurabratton.bsky.social. Send him to laura.bratton@yahooinc.com.

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