US Stock Market Move | Management promises to submit the financial report on time to boost confidence. Super Micro Computer, Inc. (SMCI.US) rose more than 7% in pre-market trading.

On Wednesday, Super Micro Computer, Inc. (SMCI.US) surged more than 7% in pre-market trading, reaching $59.89 per share. In terms of news, the deadline for Super Micro Computer, Inc. to submit its annual report for 2024, as well as the quarterly reports for September and December 2024, is less than a week away. Seeking Alpha analyst Hunting Alpha stated, "Management has assured investors that they will complete the delayed reports before the deadline of February 25, 2025. The previously disclosed financial data remains unchanged. I believe this eliminates potential pressure on the stock. Buying before February 25 seems like a wise decision." Hunting Alpha added, "I am optimistic about the company's future revenue prospects, thanks to management's revenue guidance of $40 billion for the 2026 fiscal year, which implies a growth of nearly 65% compared to the expected 2025 fiscal year data." Overall, the market widely expects that if Super Micro Computer, Inc. can effectively resolve its accounting issues, the company will likely see significant growth with the increasing demand for artificial intelligence data centers.