The server maker expects to rake in at least $36 billion for the year ending 30 June 2026, up from its earlier target of $33 billion. That’s comfortably ahead of the $32.25 billion analysts had pencilled in, according to FactSet.

Super Micro chief executive Charles Liang said the company’s order book had ballooned to more than $13 billion, much of it packed with Nvidia’s shiny new Blackwell Ultra GPUs. It seems the AI fever gripping the tech world hasn’t yet cooled, even if profits have.

For the current quarter, Super Micro reckons revenue will come in between $10 billion and $11 billion, well ahead of the $7.94 billion analysts expected. However, adjusted earnings are likely to land between 46 and 54 cents a share, short of the 61 cents Wall Street’s cocaine nose jobs had been hoping for.

The company’s latest results weren’t glowing. Profit for the fiscal first quarter dropped to $168.3 million, or 26 cents a share, compared with $424.3 million, or 67 cents, a year earlier. Excluding one-off items, adjusted earnings came to 35 cents a share, just below the 37 cents analysts were predicting.

Revenue slid more than 15 per cent to $5.02 billion after some customers delayed taking delivery of their orders which is PR spin for the gear is still sitting in warehouses.

Super Micro had already warned last month that this slowdown was coming, cutting its guidance for the quarter to about $5 billion. Investors didn’t take the update kindly, with shares tumbling 9.3 per cent to $42.97 after hours.

Still, Liang appears unfazed, banking on the AI boom, and Nvidia’s dominance, to keep the servers humming.