(Reuters) – Super Micro Computer forecast first-quarter revenue above estimates on Tuesday, betting on strong demand for its artificial intelligence servers amid a boom in the adoption of generative AI technology.
The company expects net sales between $6 billion to $7 billion for the first quarter, compared to analysts’ average estimate of $5.46 billion, according to LSEG data.
(Reporting by Arsheeya Bajwa in Bengaluru)
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