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The Zhitong Finance App learned that the initial quarterly results announced in advance by artificial intelligence (AI) server manufacturer Ultra Micro Computer (SMCI.US) on Tuesday greatly exceeded Wall Street expectations, indicating that the AI infrastructure investment boom is still driving rapid growth in server demand. Boosted by this news, the company's stock price once rose by more than 12% in after-market trading in US stocks.
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The Zhitong Finance App learned that the initial quarterly results announced in advance by artificial intelligence (AI) server manufacturer Ultra Micro Computer (SMCI.US) on Tuesday greatly exceeded Wall Street expectations, indicating that the AI infrastructure investment boom is still driving rapid growth in server demand. Boosted by this news, the company's stock price once rose by more than 12% in after-market trading in US stocks.
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