Super Micro surges 15% on new order and margin disclosure after SpaceX announcement

Super Micro Computer saw its shares rise following a preliminary business update in which the company raised its margin expectations for the June quarter. The server manufacturer indicated its gross margin and adjusted gross margin would fall between 15% and 17%, representing a significant increase from the 8.2% to 8.4% range previously communicated in May.
The company attributed the margin improvement to favorable shifts in customer and product mix. Super Micro has benefited from sustained dem