Super Micro Computer's stock climbed in after-hours trading, with the company's sales forecast for the current fiscal quarter indicating robust demand for its equipment used to power AI data centers.

The company announced on Tuesday that revenue for the quarter ending March 31 would reach at least $12.3 billion. Excluding certain items, third-quarter earnings per share are projected to be at least 60 cents. Analysts had previously forecast average earnings per share of 52 cents and sales of $10.2 billion.

Super Micro's outlook underscores how its strong position as a server manufacturer, which builds systems equipped with powerful chips for running AI workloads, is providing significant momentum. The company appears to have made progress in controlling delivery costs and accurately predicting the timing of contract signings.

The company stated that sales for the full fiscal year would reach at least $40 billion. This revised its previous forecast of at least $36 billion in revenue.

The stock rose approximately 5% in after-hours trading, after closing at $29.67 in the New York market. Over the past 12 months, the stock has gained 11%.

In its statement, the company reported that sales for the quarter ended December 31 more than doubled, reaching $12.7 billion. Excluding certain items, earnings per share were 69 cents. Analysts, on average, had expected earnings per share of 49 cents on revenue of $10.4 billion.