Super Micro Computer Booked More Than $60 Billion of Orders Last Quarter. The Entire Company Is Worth $19 Billion.
The AI server maker's quarterly order haul is now more than triple its market value.
Overview
Last Tuesday, Super Micro Computer (NASDAQ: SMCI), the artificial intelligence (AI) server maker, disclosed that it received more than $60 billion of new orders during its fiscal fourth quarter, which ended June 30. The entire company, as of Friday's close, is valued at about $19.5 billion.
Numbers that lopsided invite a simple conclusion: The market must be asleep. But I don't think it is. The gap between what Super Micro booked and what investors will pay for it is a judgment about how hard it is to turn AI server orders into AI server profits, and about a couple of clouds still hanging over this company.
Details
Let's take a look at what the update actually says.
Source
Originally published at www.fool.com.