Super Micro Computer, Inc. shares are rising again; this morning, according to Fast Company, they were up over 6% to $59.25 per share. That rise is in addition to 16%+ rise in the stock yesterday and over 83% year-over year, as of yesterday’s close. Last August, a flurry of bad news, including alleged accounting issues, kicked off a months-long drop in the stock’s price, Fast Company reported.
There are two likely reasons for the turnaround, according to reports:
The company has delayed filing of its Form 10-K with the Securities and Exchange Commission (SEC). The form should have been filed last year, and if Supermicro does not file it by next Tuesday, February 25, the company could be delisted from the Nasdaq. But Super Micro now says it will be able to file its Form 10-K by that deadline, according to a statement.
And the company also raised its revenue estimates for 2026, and they are strong, despite slightly lowered fiscal Q2 2025.
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Grab your coffee. Here's what you need to know today.
Today’s Tech, Channel and MSP News
1. Snowflake's Cortex Agents managed service: Snowflake last week introduced Cortex Agents, a managed service in preview that enables developers to combine structured and unstructured data with LLMs to create agentic applications, according to Tech Target. The service lets developers build natively within the Snowflake platform.
2. Xurrent integrates with N-able: Xurrent's IT Service Management (ITSM) platform now integrates with N-able’s Technology Alliance Program (TAP) Ecosystem, the company announced today. Specifically, Xurrent will integrate with N-able’s N-central Remote Monitoring and Management solution for automated ticket creation, intelligent workflow automation, and real-time system monitoring.
3. Acer to raise laptop prices 10% due to tariffs: Acer's CEO Jason Chen said this week the company will raise laptop prices in the United States by 10% next month due to Trump administration tariffs on Chinese imports. "We will have to adjust the end user price to reflect the tariff," Chen said. "We think 10% probably will be the default price increase because of the import tax."
4. New Head Nerd at N-able: N-able has added a new 'Head Nerd,' Ben Lee, the company said today. Lee will focus on providing Microsoft support and expertise—from deep technical issues to adoption and training tips, as well as unified communications. Ben brings over 15 years of experience in the Microsoft space, specializing in their Unified Communications and Collaboration tools, and has been named a Microsoft Most Valuable Professional (MVP). Ben is a Microsoft Certified Trainer and has contributed to the industry book Office 365 for IT Pros. Congratulations!
5. New CMO at Cohesity: AI-powered data security firm Cohesity has named Carol Carpenter as its new chief marketing officer. Carpenter brings more than 20 years of technology industry and marketing leadership experience to Cohesity and is responsible for leading all aspects of the global marketing organization. Congratulations!