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Super Micro Computer, Inc. (NASDAQ: SMCI), known as Supermicro, is a global leader in high-performance, high-efficiency server technology and innovation. Based in San Jose, California, the company is dedicated to developing and providing end-to-end green computing solutions for diverse markets including data centers, cloud computing, enterprise IT, big data, high-performance computing (HPC), and embedded applications.
Supermicro's product portfolio ranges widely, from complete server, storage, blade, and workstation systems to full racks, networking devices, server management software, and technology support services. The company's modular architectural approach offers a high degree of flexibility and customization, enabling customers to choose from a broad array of server configurations to meet their specific computing needs.
The company’s solutions are designed to deliver high levels of reliability, quality, and scalability. This allows Supermicro’s clients to achieve significant improvements in computing performance, density, thermal management, and power efficiency, ultimately lowering their overall total cost of ownership (TCO) and environmental impact.
Supermicro's innovative approach is highlighted through their Server Building Block Solutions®, which offers a comprehensive set of form factors, processors, memory, GPUs, storage, networking, power, and cooling solutions. This flexible, reusable design methodology supports a wide range of applications, from cloud to edge computing.
Some of the company's recent achievements include the launch of new IoT and embedded systems designed for enhanced performance and increased power efficiency, the introduction of the X14 server portfolio with Intel® Xeon® 6 processors, and partnerships with industry giants like Intel, Foxconn, and NVIDIA for new AI data center projects.
Supermicro continues to lead the industry by pushing the boundaries of generative AI technologies and providing innovative, energy-efficient solutions. Their latest offerings, such as the SYS-E100, SYS-E102, SYS-E111AD, and SYS-E403 servers, feature the latest Intel Atom and Intel Core CPUs, are optimized for edge applications, and are designed for demanding workloads where massive amounts of data are generated.
Committed to green computing, Supermicro designs and manufactures its products in-house across facilities in the US, Taiwan, and the Netherlands. This global operational strategy ensures scalability and efficiency, optimizing both performance and environmental sustainability.
With a strong focus on customer satisfaction, Supermicro supports open industry standards and provides extensive customization options, ensuring that enterprises of all sizes can find the right solutions for their IT infrastructure needs.
Super Micro Computer (NASDAQ:SMCI) has received an extension from Nasdaq until February 25, 2025 to file its delayed financial reports. The extension covers the Annual Report on Form 10-K for fiscal year ended June 30, 2024, and Quarterly Report on Form 10-Q for the period ended September 30, 2024. SMCI's common stock will continue trading on the Nasdaq Global Select Market during this exception period, provided the company files all required reports by the deadline and maintains compliance with other listing rules. The company has expressed confidence in meeting the February 25, 2025 deadline.
Super Micro Computer (SMCI) announced the completion of its independent Special Committee review, formed in response to concerns raised by former auditor Ernst & Young. The committee found no evidence of misconduct by management or Board of Directors, and confirmed the Audit Committee acted independently. The investigation, supported by Cooley LLP and Secretariat Advisors, reviewed revenue recognition practices, export controls, and related party disclosures. The Board adopted all committee recommendations, including transitioning to a new CFO, appointing a Chief Accounting Officer, and expanding the legal department. No restatement of financial reports is expected.
Super Micro Computer (SMCI) has submitted a compliance plan to Nasdaq on November 18, 2024, requesting an extension to regain compliance with listing requirements. The company is currently non-compliant with Nasdaq rule 5250(c)(1) due to delays in filing both its 2024 Form 10-K and Q1 2025 Form 10-Q. SMCI believes it will be able to file both reports and become current with periodic filings within Nasdaq's discretionary period. The notification letter received from Nasdaq has no immediate effect on SMCI's listing or trading status on the Nasdaq Global Select Market.
Supermicro (NASDAQ: SMCI) unveils its latest HPC-optimized multi-node systems at SuperComputing 2024, featuring the new FlexTwin™ and upgraded SuperBlade® systems. The FlexTwin offers up to 36,864 cores per rack and supports both Intel Xeon 6 and AMD EPYC 9005 processors. The systems include direct-to-chip liquid cooling capabilities and are designed for high-intensity HPC workloads. The SuperBlade can accommodate up to 20 nodes in a 6U or 8U chassis with NVIDIA GPU support per node. Supermicro's manufacturing capacity includes 5,000 racks monthly, with 2,000 liquid-cooled racks.
Super Micro Computer (SMCI) has appointed BDO USA as its new independent auditor, effective immediately. BDO, a member of one of the world's top five accounting networks, will help bring Supermicro's financial statements current. The company has also submitted a compliance plan to Nasdaq to request an extension for regaining compliance with listing requirements. Supermicro expects to complete its Annual Report on Form 10-K for FY2024 and Q1 FY2025 Quarterly Report within Nasdaq's discretionary period. The company's securities will remain listed while Nasdaq reviews the compliance plan.
Supermicro announces new SuperCluster solutions featuring NVIDIA Blackwell platform for generative AI. The system incorporates NVIDIA HGX B200 8-GPU systems with enhanced liquid cooling, promising increased GPU compute density compared to current NVIDIA HGX H100 and H200-based SuperClusters. The upgraded system includes improved thermals, power delivery, and supports dual 500W Intel Xeon 6 or AMD EPYC 9005 processors. Key innovations include vertical coolant distribution manifolds, efficient cold plates, and advanced hose design. The company also introduces solutions for NVIDIA GB200 Grace Blackwell Superchips, including NVL4 and NVL72 systems.
Supermicro (SMCI) announced preliminary Q1 FY2025 results with expected net sales of $5.9-6.0 billion, below previous guidance of $6.0-7.0 billion. The company expects GAAP and non-GAAP gross margin of 13.3%, with GAAP EPS of $0.68-0.70 and non-GAAP EPS of $0.75-0.76. For Q2 FY2025, Supermicro projects net sales of $5.5-6.1 billion with GAAP EPS of $0.48-0.58. The Special Committee investigation found no evidence of fraud or misconduct by management or Board. The company continues working on its delayed Form 10-K filing and must submit a compliance plan to Nasdaq within 60 days.
Super Micro Computer (SMCI) has announced it will provide a first quarter fiscal 2025 business update through a conference call and webcast on Tuesday, November 5, 2025, at 5:00 p.m. ET / 2:00 p.m. PT. The webcast will be accessible at the company's investor relations website, with a replay available for one year after the call.
Super Micro Computer (SMCI) has announced its upcoming first quarter fiscal 2025 business update conference call and webcast, scheduled for Tuesday, November 5, 2024, at 5:00 p.m. ET / 2:00 p.m. PT. The event will be accessible through the company's investor relations website at ir.supermicro.com, with a replay available for one year following the presentation. This announcement includes a correction to the previously stated year, which incorrectly listed 2025 instead of 2024 in the first paragraph.
Rigrodsky Law, P.A. has announced an investigation into potential claims against the officers and directors of Super Micro Computer, Inc. (NASDAQ GS:SMCI) on behalf of stockholders. The investigation focuses on shareholders who purchased or acquired Super Micro shares on or before February 2, 2021. Interested parties are encouraged to visit the law firm's website or contact Leah Wihtelin for more information about the investigation and their rights. This legal action suggests possible concerns regarding the company's management or practices that may have affected shareholder interests.
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