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## Super Micro Computer Reports Revenue Below Estimates

(Reuters) – Super Micro Computer reported third-quarter revenue below estimates on Tuesday, as stiff competition in the server-making industry continues to impact their performance. However, the company remains optimistic about the future, forecasting fourth-quarter revenue above estimates due to a projected steady demand for their AI servers.

Shares of the San Jose, California-based company, which have more than tripled in value so far this year, saw a nearly 8% drop in trading after the bell.

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## Super Micro’s Market Strategy

The AI server maker was recently added to the S&P 500 index, a milestone that reflects the company’s growing presence in the market. Super Micro is leveraging its in-house liquid cooling technology for servers to gain market share in a competitive industry.

“As new solutions ramp, including fully production-ready DLC (Direct Liquid Cooling), we expect to continue gaining market share,” stated Super Micro CEO Charles Liang, highlighting the company’s commitment to innovation.

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## Forecast and Financial Performance

The company expects fourth-quarter revenue to range between $5.1 billion and $5.5 billion, surpassing earlier estimates. Additionally, Super Micro raised its annual sales forecast, showcasing confidence in its growth trajectory.

Excluding items, Super Micro reported a profit of $6.65 per share in the first quarter, exceeding analysts’ estimates. Revenue for the quarter ended March 31 came in slightly below estimates, but market analysts still view Super Micro as well-positioned in the competitive landscape.

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Rivals Dell and Hewlett Packard Enterprise may pose future challenges, but for now, Super Micro remains confident in its market positioning. Gross margin for the three-month period was in line with analyst expectations, indicating stable financial performance.

(Reporting by Akash Sriram in Bengaluru; Editing by Tasim Zahid)

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