July 21 (Reuters) - Super Micro Computer said on Tuesday it has received orders in excess of $60 billion in the fourth quarter, helped by growing demand for its advanced AI servers, sending the company's shares up 16% in extended trading.
AI infrastructure firms have seen accelerated demand as tech companies and cloud providers ramp up investments in data centers to support large language models and other AI applications.
The server maker expects adjusted gross margins in the range of 15% to 17% for the quarter ended June 30, significantly higher than its forecast of 8.2% to 8.4%, primarily due to a favorable customer and product mix.
(Reporting by Juby Babu in Mexico City; Editing by Shailesh Kuber)