Supermicro Rises 7.34% After Affiliate Secures $5B AI Chip Financing Deal
According to Reuters, Supermicro (SMCI) gained 7.34% to $35.09 in New York trading on October 27 after its affiliate Argaum AI announced it was negotiating a $5 billion debt financing to acquire AI semiconductors. The semiconductors will be installed at a Poland data center acquired through DL Invest Group and leased to customers without investment-grade credit ratings. Supermicro also raised its fiscal 2027 first-quarter revenue guidance to $18.5–$19.5 billion from $14.5–$15.5 billion.
$SMCI $DL
According to Reuters, Supermicro (SMCI) gained 7.34% to $35.09 in New York trading on October 27 after its affiliate Argaum AI announced it was negotiating a $5 billion debt financing to acquire AI semiconductors. The semiconductors will be installed at a Poland data center acquired through DL Invest Group and leased to customers without investment-grade credit ratings. Supermicro also raised its fiscal 2027 first-quarter revenue guidance to $18.5–$19.5 billion from $14.5–$15.5 billion.
$SMCI $DL