Super Micro Computer shares rise on potential $5 billion AI chip financing

Shares of Super Micro Computer (SMCI) rose over 7% following reports that Argentum AI, a cloud computing firm backed by Super Micro, is negotiating a $5 billion debt financing deal. The funding is intended to procure additional artificial intelligence chips for a data center in Poland, which was secured through DL Invest Group. The hardware is expected to be leased to clients without investment-grade credit ratings.

This movement follows a recent period of significant volatility for the company. Super Micro recently raised its fiscal 2027 revenue guidance to a range of $18.5 billion to $19.5 billion, up from previous projections, citing robust demand for AI platforms. The company also increased its gross margin forecast to between 12.0% and 12.5% due to a favorable product mix.