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Super Micro Reports $60B+ New Orders, Boosting AI Chip Stocks

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Three major logic-chip companies closed higher on Aug. 12 after strong results deep in the AI server supply chain. Super Micro reported more than $60B in new orders during the quarter, over 50% higher than six weeks earlier, and raised non-GAAP gross margin to 17.6% versus its prior forecast range of 8.2%-8.4%. The order surge reinforced continued demand for AI infrastructure, lifting AMD, Intel, and NVIDIA.

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