The server maker, which has become a darling of the artificial intelligence (AI) revolution, reported earnings on Nov. 1 that handily beat expectations, while also raising full-year guidance. In addition, Super Micro got a lift when long-term interest rates declined off their October highs following two tamer-than-expected inflation reports. In the prospectus, management said it intends to use the proceeds to "support our operations, including working capital needs, manufacturing capacity expansion and increased R&D investments."