By Eric Bleeker
Publication Date: 2026-08-12 22:21:00
Quick Read
Intel gained 3.3% and AMD rose 1.8% Wednesday as Super Micro’s blowout results reaffirmed the AI infrastructure spending cycle driving chip demand.
Super Micro jumped 19% after a 78% EPS beat and over $60 billion in new orders powered a record backlog entering fiscal 2027.
NVIDIA’s next quarterly report carries roughly $91 billion in revenue guidance, and Super Micro’s surging backlog signals sell-side estimates may keep climbing.
It sounds nuts, but SoFi1 is giving new Active Invest users up to $3,000 in stock for a limited time, and all it takes is a $50 deposit to get started.2 See for yourself (Sponsor)
Shares of the largest logic-chip makers pushed higher into Wednesday’s close, riding a read-through from blockbuster AI-infrastructure earnings out of the server supply chain. Advanced Micro Devices (NASDAQ:AMD) closed up 1.8% at $483, Intel (NASDAQ:INTC) gained 3.3% to $101, and NVIDIA (NASDAQ:NVDA) advanced 3% to $224. None of the three reported earnings today, but they were all riding a wave of enthusiasm for AI hardware stocks.
Super Micro’s Blowout Earnings Ignite the Supply Chain
The upstream spark came from Super Micro Computer (NASDAQ:SMCI), which reported fiscal Q4 results after Tuesday’s close and jumped 19% Wednesday to $38. Super Micro delivered non-GAAP EPS of $1.70 versus a $0.96 consensus, a 78% beat, on revenue of $11.12 billion, up 93.2% year over…
