New York, Feb 19, 2026, 11:46 EST — Regular session
- Super Micro Computer shares rise about 5.5% in late-morning trade, bucking a softer broader market
- The stock rebounds after a two-session slide, with AI infrastructure spending back in focus
- Investors are watching margins and any fresh demand commentary ahead of early-March meetings
Super Micro Computer Inc shares were up about 5.5% at $31.35 in late-morning trading on Thursday, recovering from losses earlier in the week. The stock touched $32.07 at the session high and traded on volume of about 23.9 million shares.
The move matters because Super Micro has become a fast-twitch proxy for data-center spending tied to artificial intelligence, and traders have been quick to punish any hint that growth is coming at the expense of profits. The S&P 500 tracking ETF SPY was down about 0.3% on the day, underscoring the stock’s outperformance.
Attention has also stayed on the AI supply chain after Nvidia said it signed a multiyear deal to sell Meta Platforms millions of its current and future AI chips, including Blackwell systems and its forthcoming Rubin chips, along with Grace and Vera processors. “Meta has already had a chance to get on Vera,” Ian Buck, general manager of Nvidia’s hyperscale and high-performance computing unit, said. (Reuters)
Super Micro’s stock had closed down 1.33% on Wednesday at $29.71 for a second straight daily decline, MarketWatch data showed. The shares remain far below their 52-week high of $66.44, the same data showed. (MarketWatch)
Earlier this month, Super Micro raised its fiscal 2026 revenue forecast to at least $40 billion from $36 billion, banking on demand for AI-optimized servers as customers expand data-center capacity. “Order strength remains strong from large global data center and enterprise customers,” CFO David Weigand said on a post-earnings call, while CEO Charles Liang flagged near-term margin pressure tied to tariffs, facility costs and component shortages. (Reuters)
In its fiscal second-quarter report for the period ended Dec. 31, Super Micro posted net sales of $12.7 billion and gross margin of 6.3%, the company said. Gross margin is the slice of revenue left after direct costs of making the product, and the figure has been a sore point for investors even as sales have surged. The company also forecast third-quarter net sales of at least $12.3 billion and reiterated its fiscal 2026 sales outlook of at least $40.0 billion. (Supermicro)
But the setup cuts both ways. If pricing stays tight, component availability fails to ease, or customers slow deployments, the stock can give back gains quickly — especially with expectations for rapid top-line growth already embedded in how many investors view AI-server suppliers.
The next company-specific checkpoints are a run of one-on-one investor meetings in early March, after Super Micro said it would take part in the Morgan Stanley Technology, Media & Telecom Conference (March 2), the Keybanc Emerging Technology Summit (March 3) and the Loop Capital Markets investor conference (March 10). (Supermicro)
For now, traders will be listening for any new color on demand, lead times and pricing from those early-March meetings — and, after that, for signs that revenue growth can keep running without margins getting pinned down.
