New Delhi, Oct. 21 -- Super Micro Computer surged 12.3% in pre-market trading on Wednesday, October 21, hitting $36.46, after the server maker released preliminary first-quarter fiscal 2027 results on October 20 that far exceeded expectations, driven by relentless demand for AI data centres.

The company forecast first-quarter revenue of $18.5 billion to $19.5 billion, well above analysts' expectations of $15.23 billion, according to data compiled by LSEG. It also expects profit margins to range between 12% and 12.5%, compared with earlier expectations of 10.4% to 10.8%.

Super Micro has benefited from surging demand for equipment used to train and run AI workloads. Its servers are equipped with Nvidia Corp. chips, which have become the p...