Shares of Super Micro Computer (SMCI) are taking off after the company raised guidance for its second-quarter fiscal 2024. The company now expects to report more than $3.6 billion in revenue, well above the previous forecast of up $2.9 billion. Adjusted earnings are now expected to be $5.40 to $5.55 per share compared to the previous guidance of $4.40 to $4.88 per share.  Yahoo Finance Reporter Madison Mills joins the Live show from the New York Stock Exchange to break down the latest development for the company and what it could mean going forward. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino