According to Cnyes News, Supermicro (SMCI) will report its fiscal Q4 2026 earnings after the U.S. market close on Tuesday, August 11 [E1]. In a filing cited by the same report, the company raised its own gross margin guidance to a range of 15% to 17%, up sharply from a prior forecast of 8.2% to 8.4% [E3].
Separately, market forecasts compiled by analysts and cited by Cnyes News put the quarter's gross margin at as high as 15.8%, an increase of 9.6% from the same quarter a year earlier [E8]. Bloomberg's consensus estimates, also carried in the Cnyes News report, project adjusted EPS of $1.33 and revenue of $11.2 billion for the quarter [E6], compared with EPS of $0.41 and revenue of $5.7 billion in the same period last year [E7].
| Metric | Q4 FY2026 (guidance/consensus) | Q4 FY2025 (year-ago) |
|---|---|---|
| Adjusted EPS (Bloomberg consensus) | $1.33 | $0.41 |
| Revenue (Bloomberg consensus) | $11.2 billion | $5.7 billion |
| Gross margin (company's own guidance) | 15%-17% | 8.2%-8.4% (prior guidance) |
| Gross margin (market estimate) | up to 15.8%, +9.6% year-over-year | — |
Cnyes News reports that Supermicro said it received more than $60 billion in new orders during the quarter [E4]. The company has also signaled longer-term capacity ambitions: in June, CEO Liang Jian-hou (梁見後) said on the X platform that Supermicro plans to build gigawatt-scale data centers together with SpaceX and xAI within a year [E5]. Cnyes News frames the $60 billion order figure and the gigawatt-scale data center plan as the backdrop the company points to for its improved margin outlook [E3, E4].
Per Cnyes News, Supermicro shares jumped more than 20% after the company released a preliminary financial update late last month [E2]. That rally stands against a weaker longer-run track record: Cnyes News reports SMCI stock fell about 30% over the past 12 months, while over the same period HPE (慧與科技) rose about 160% and Dell (戴爾) gained more than 230% [E9].
The company's growth plans also carry a funding requirement: in June, Supermicro announced plans to raise up to $7 billion through equity-linked financing to help pay for AI infrastructure expansion [E10]. Separately, Cnyes News notes that in April the U.S. Department of Justice indicted Supermicro co-founder Liao Yi-hsien (廖益賢) and two others on charges related to violating U.S. export control regulations, after which the company launched an independent investigation; Supermicro itself was not named as a defendant in the case [E11].
| Company | 12-month stock change |
|---|---|
| Supermicro (SMCI) | -30% |
| HPE | +160% |
| Dell | +230% |
Outside Supermicro's own numbers, AMD's most recent results offer a cross-check on AI infrastructure demand. According to AMD's investor relations press release, AMD's Q1 2026 revenue was $10.3 billion, with GAAP gross margin of 53%, operating income of $1.5 billion, net income of $1.4 billion and diluted EPS of $0.84; on a non-GAAP basis, gross margin was 55%, operating income was $2.5 billion, net income was $2.3 billion and diluted EPS was $1.37 [E12, E13].
| Metric | GAAP | Non-GAAP |
|---|---|---|
| Gross margin | 53% | 55% |
| Operating income | $1.5 billion | $2.5 billion |
| Net income | $1.4 billion | $2.3 billion |
| Diluted EPS | $0.84 | $1.37 |
AMD CEO Lisa Su said in the same release: "We delivered an outstanding first quarter, driven by accelerating demand for AI infrastructure, with Data Center now the primary driver of our revenue and earnings growth" [E14]. AMD's Data Center segment revenue was $5.8 billion, up 57% year-over-year, which AMD attributed to demand for EPYC processors and the ramp of Instinct GPU shipments [E15]. For Q2 2026, AMD guided to revenue of approximately $11.2 billion, plus or minus $300 million, with non-GAAP gross margin of approximately 56% [E16].
On the customer side, AMD's press release also states that Meta and AMD announced plans to deploy up to 6 gigawatts of AMD Instinct GPUs, with the first 1-gigawatt tranche powered by a custom AMD Instinct MI450-based GPU [E17].
The evidence shows two different numbers for the same metric: Supermicro's own guidance puts Q4 gross margin at 15%-17% [E3], while separate market estimates cap it at 15.8% with a 9.6% year-over-year increase [E8] — both are far above the company's prior 8.2%-8.4% guidance [E3]. That improvement is paired with capital-intensive growth: more than $60 billion in new orders [E4] alongside a plan to raise up to $7 billion in equity-linked financing [E10]. The stock's reaction has been uneven — a more than 20% jump on the preliminary update [E2] sits against a 30% decline over the trailing 12 months, a period in which HPE and Dell rose 160% and over 230% respectively [E9] — and the unresolved export-control case against co-founder Liao Yi-hsien remains an open item even though Supermicro was not charged [E11]. Outside the company, AMD's Data Center segment grew 57% year-over-year [E15] and its Q2 guidance of roughly $11.2 billion in revenue [E16] lines up numerically with Supermicro's own Q4 revenue consensus of $11.2 billion [E6], while Meta's commitment of up to 6 gigawatts of AMD GPUs [E17] and Supermicro's own gigawatt-scale data center plan with SpaceX and xAI [E5] point to the same order of magnitude in AI infrastructure buildout across at least two companies' disclosures.
According to Cnyes News, Supermicro will report after the U.S. market close on Tuesday, August 11 [E1].
Per Cnyes News, Supermicro's own filing guides to 15%-17%, up from a prior forecast of 8.2%-8.4% [E3].
Bloomberg's consensus, as cited by Cnyes News, projects adjusted EPS of $1.33 and revenue of $11.2 billion, versus $0.41 and $5.7 billion in the same quarter last year [E6, E7].
According to a report from money.udn.com, TSMC's board approved a Q2 2026 cash dividend of NT$7 per share, unchanged from the prior quarter, and for the first time will let foreign shareholders elect to receive payouts in US dollars under revised regulations, cnyes.com reported.
According to Technews and CNA, France's APIG press alliance — representing more than 300 outlets — filed a complaint on August 11 over Google's AI Overviews, launched in France in July 2026. APIG cites 70% traffic dependency on Google, a Pew Research Center finding that AI summaries cut click-through rates from 15% to 8%, and a Le Figaro executive's report of 20%-50%-plus traffic declines abroad, while asking regulators to help reset negotiating terms rather than shut the tool down.
According to an NVIDIA blog post, NVIDIA and six financial institutions — Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR — launched financing platforms designed to mobilize over $500 billion in third-party capital for AI infrastructure. NVIDIA said the figure represents aggregate third-party capital, not its own revenue or a single commitment, and framed the initiative as a way to bring independent, long-term institutional capital into AI infrastructure financing.