Welcome to our dedicated page for Super Micro Computer news (Ticker: SMCI), a resource for investors and traders seeking the latest updates and insights on Super Micro Computer stock.
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.
Supermicro (Nasdaq: SMCI) announced preliminary financial results for Q3 of fiscal 2023, reporting approximately $1.28 billion in revenue, below the expected $1.47 billion. The revenue shortfall is attributed to component shortages during the transition to new product lines, although these issues are reportedly being resolved. Despite the dip in revenue, the company noted a record number of design wins with major clients and a robust order backlog as it exits the quarter. Supermicro will disclose detailed financial results on May 2, 2023, accompanied by an earnings call scheduled for 2:00 PM PDT.
Supermicro (NASDAQ: SMCI) announced the launch of the new AI development platform, SYS-751GE-TNRT-NV1, which is designed for AI-based software development. This platform features four NVIDIA A100 Tensor Core GPUs and two 4th Gen Intel Xeon CPUs, ensuring high performance in a low-noise environment. The self-contained liquid cooling system operates quietly at approximately 30dB, making it suitable for office use. Additionally, it includes a three-year subscription for NVIDIA AI Enterprise, streamlining developer productivity. The platform is currently available and will be showcased at the NVIDIA GTC conference.
Supermicro (NASDAQ: SMCI) has announced the shipment of its new GPU servers featuring NVIDIA's HGX H100 8-GPU system, aimed at optimizing AI, ML, and HPC workloads. The servers promise a 9x performance increase for AI training compared to previous models, while innovative designs reduce power consumption and noise. The new systems support liquid cooling and various configurations utilizing NVIDIA’s L4 GPU for enhanced efficiency and performance. Supermicro's advancements position it as a leader in providing comprehensive IT solutions, further supporting the growing demand for AI and metaverse applications.
Supermicro (NASDAQ: SMCI) announces its latest high-density petascale storage systems, enhancing its NVMe server family to meet the growing need for efficient data processing. The new servers, featuring EDSFF form factors, support up to 1 petabyte of storage in compact 1U and 2U configurations for both Intel and AMD platforms. With advanced architecture and low latency, these systems promise superior performance, accommodating intense computational applications. The innovative solutions aim to optimize storage capabilities while reducing total costs for users in the AI and cloud sectors.
Supermicro (NASDAQ: SMCI) unveiled new petascale all-flash NVMe servers designed for high-density storage and efficient data handling. The systems support EDSFF form factors, accommodating 16 and 32 Gen5 NVMe drives. Initial models offer up to 0.5PB in a 1U rack and 1PB in a 2U rack, catering to Intel and AMD platforms. CEO Charles Liang emphasized that the innovation meets user demands for speed and capacity, offering reduced total cost of ownership. The architecture minimizes latency and enhances operational efficiency, making it ideal for AI applications and heavy computational loads.
Supermicro (NASDAQ: SMCI) has announced a collaboration with Rakuten Symphony to enhance 5G network systems using application-optimized servers for various workloads. This partnership aims to simplify the deployment of cloud-based mobile services globally, addressing challenges operators face with Open RAN adoption. Supermicro's Building Block design allows quick certification of servers, enhancing performance, security, and cost-effectiveness. Rakuten Symphony plans to utilize Supermicro's 4th Gen Intel Xeon Scalable Processors for their Distributed Units and Centralized Units, which will help deliver timely services to mobile operators worldwide.
Supermicro (NASDAQ: SMCI) unveiled its latest AI and edge computing systems in Barcelona, achieving up to 30X faster AI inference capabilities and 60% enhanced workload performance using 4th Gen Intel Xeon processors. These systems are designed specifically for Telco applications and include advanced thermal architecture allowing operation in high-ambient environments. Supermicro's servers support NVIDIA H100 GPUs and the new Intel Data Center GPU Max Series, optimizing a range of workloads. The company is demonstrating its solutions at MWC 2023, highlighting its commitment to efficient and environmentally friendly computing technologies.
Supermicro (Nasdaq: SMCI) announced its participation in three key investor conferences:
- SIG 12th Annual Growth Conference on March 3, 2023 (Virtual, 1x1 meetings only)
- Keybanc Capital Markets Emerging Technology Summit on March 7, 2023, at 10:30 am PST (San Francisco, CA)
- Loop Capital Market’s 4th Annual Investor Conference on March 14, 2023 (New York, NY, 1x1 meetings only)
Supermicro specializes in Application-Optimized Total IT Solutions, including server, AI, storage, IoT, and networking systems. Their products aim to improve Total Cost of Ownership (TCO) and reduce environmental impact.
Supermicro (Nasdaq: SMCI) reported its financial results for Q2 FY 2023, with net sales of $1.80 billion, down from $1.85 billion in Q1 but up 54% year-over-year. The gross margin stood at 18.7%, slightly decreased from 18.8% in Q1. Net income was $176 million, a drop from $184 million in the preceding quarter, while diluted net income per share was $3.14 compared to $3.35 in Q1. The company's cash flow from operations totaled $161 million, and as of December 31, 2022, cash and equivalents were $305 million with total bank debt of $170 million. For Q3 FY 2023, Supermicro expects net sales between $1.42 billion and $1.52 billion.
FAQ
What is the current stock price of Super Micro Computer (SMCI)?
What is the market cap of Super Micro Computer (SMCI)?
What does Super Micro Computer, Inc. specialize in?
What are the key products and services offered by Supermicro?
How does Supermicro's modular architectural approach benefit customers?
What recent achievements has Supermicro made?
What is the focus of Supermicro's new product offerings?
Where are Supermicro's products designed and manufactured?
What are Server Building Block Solutions®?
How does Supermicro contribute to green computing?
What open industry standards does Supermicro support?
Who are some of Supermicro’s notable partners?
