Shares of Super Micro Computer, Inc. (SMCI) jumped over 17% on Wednesday morning after reporting strong third-quarter fiscal 2026 results.
The stock is currently trading at $32.42, up $4.59 or 16.51%, on the Nasdaq. It opened at $31.50 after closing the previous session at $27.83. The stock has traded between $19.48 and $62.36 over the past 52 weeks.
Supermicro reported third-quarter net sales of $10.24 billion, more than doubling from $4.60 billion a year ago. Net income surged to $483.4 million, or $0.72 per share, compared with $108.8 million, or $0.17 per share last year.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.