WS #12639
SMCI surged 26% on preliminary Q4 results showing gross margins nearly doubling to 15-17%, record $60B in new orders, lifting AI server names like DELL. Reddit (RDDT) drops 9% on WSJ report it may block Google's AI training access, wiping $3.2B in market cap. Reports that OpenAI will increase cloud spending to ~$750B through 2030, boosting AI cloud services companies.
Super Micro Computer Margin Surprise & AI Server Rally
SMCI surged 26% on preliminary Q4 results showing gross margins nearly doubling to 15-17%, record $60B in new orders, lifting AI server names like DELL.
Reddit (RDDT) drops 9% on WSJ report it may block Google's AI training access, wiping $3.2B in market cap.
Reports that OpenAI will increase cloud spending to ~$750B through 2030, boosting AI cloud services companies.