Super Micro Computer Inc. shares rose 4.56% to $38.53 Thursday morning as a broader equity-market rebound lifted high-beta artificial-intelligence hardware stocks after Wednesday afternoon’s hawkish Federal Reserve interest-rate decision. The company’s direct liquid cooling (DLC, technology that removes heat from computing systems with liquid) platform is gaining adoption for high-density Nvidia Blackwell and next-generation accelerator deployments. Supermicro says the architecture can capture up to 98% of system heat and reduce total data-center facility power draw by up to 40%. That demand supports management’s fiscal 2027 revenue guidance of $65 billion to $72 billion, reiterated with the fourth-quarter fiscal 2026 earnings release on Aug. 11, and follows a record backlog exceeding $60 billion in new AI infrastructure orders entering the new fiscal year. Higher benchmark yields remain a balance-sheet consideration because expanding global DLC assembly lines and purchasing expensive GPU inventory require substantial working capital. With 10-year Treasury yields near 5% after Fed Chairman Kevin Warsh signaled sustained restrictive policy on Wednesday, interest expense continues to weigh on gross-margin expansion.