Supermicro (SMCI) Demand Remains Strong for its AI Rack Systems
Demand for Supermicro Computer’s (SMCI) rack scale solutions remain strong, particularly for NVIDIA generative AI GPUs.
Demand for Supermicro Computer’s (SMCI) rack scale solutions remain strong, particularly for NVIDIA generative AI GPUs.
Amazon (AMZN) management sees AI adding tens of billions of dollars in revenue per year to AWS revenue in the upcoming years.
Datadog’s (DDOG) stock rebounded as consumption trends from existing customers accelerated last quarter.
Confluent (CFLT) made its first profit since the stock had its IPO. But two bad news items sent the shares lower after earnings.
MercadoLibre (MELI) had 66% revenue growth in Mexico last quarter — with 40% growth in Brazil — as MELI’s rapid growth continues.
One of Arista Networks’ (ANET) largest customers (Meta) expects higher infrastructure related costs in 2024. That’s good news for ANET.
Wingstop (WING) delivered blowout results last quarter as profits soared 53% and beat estimates of 13%.
High interest rates are causing consumers to hang onto their old cars longer, which is good for O’Reilly Automotive (ORLY).
Fortinet (FTNT) stock has been under pressure as Product salesgrwth has slipped from +30% to +18% to -1% the past three quarters.
ServiceNow (NOW) had another excellent qtr as management noted generative AI represents a real tailwind to the company’s growth.
Vertiv (VRT) is seeing seeing robust market demand as more infrastructure is needed to meet the computer capacity needed for AI.
Meta Platforms (META) delivered an excellent quarter as management cut expenses while AI improved engagement and monetization.