Story perspectives

Super Micro Beats Forecast With $18.5B–$19.5B Revenue

By Drooid · Oct 21, 2026, 2:19 PM UTC · How we work

Summary

Super Micro Raises Outlook

Super Micro Computer announced preliminary fiscal Q1 revenue of $18.5-$19.5 billion, exceeding its prior forecast.
The company raised its gross-margin outlook to 12%-12.5%, up from 10.4%-10.8%.
Super Micro shares climbed to $37.52 after hours, a roughly 15% increase.
Asian markets rallied, with MSCI Asia Pacific up 1.1% and South Korea’s Kospi rising 3.7%.
Analysts warned that higher borrowing costs and an export-control board review could curb AI spending.

Summary

Musk Eyes Merger

SpaceX and Tesla each formed special committees to explore a merger.
Elon Musk said a merger would be “a good idea” in a premarket interview.
SpaceX posted its first quarterly profit as a public company, netting $4.4 billion.
Advanced AI revenue reached $7.56 billion, about 52% of SpaceX’s total revenue.
The Fear and Greed Index climbed to 68 as merger speculation boosted market sentiment.

History

Historical Context

In January 2000 AOL announced a $180 billion merger with Time Warner, giving AOL shareholders 55% of the new company. The deal closed in January 2001, but clash with Time Warner and the dot-com bust turned it into a notorious failure, culminating in a $99 billion loss in 2003 and a 2009 spin-off. That legacy warns today’s proposed SpaceX-Tesla tie-up and Super Micro’s AI-driven revenue surge of regulatory scrutiny.

1 of 3

Super Micro Raises Outlook

Super Micro Computer announced preliminary fiscal Q1 revenue of $18.5-$19.5 billion, exceeding its prior forecast.
The company raised its gross-margin outlook to 12%-12.5%, up from 10.4%-10.8%.
Super Micro shares climbed to $37.52 after hours, a roughly 15% increase.
Asian markets rallied, with MSCI Asia Pacific up 1.1% and South Korea’s Kospi rising 3.7%.
Analysts warned that higher borrowing costs and an export-control board review could curb AI spending.

1 / 3