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.
Super Micro Computer (Nasdaq: SMCI) announced its new server offerings designed to support NVIDIA's A100 80GB PCIe Tensor Core GPUs, enhancing high-performance computing (HPC) and AI applications. These servers, powered by both 3rd Gen Intel Xeon and AMD EPYC processors, promise faster execution speeds and improved capabilities for complex simulations and analytics. The integration of NVIDIA's advanced technologies allows for more extensive data handling and higher GPU utilization, benefitting various sectors including medical research and machine learning.
Parallel Wireless has been chosen by Axiata Group as a strategic partner to implement O-RAN networks for digital telcos in Southeast and South Asia, enhancing both 2G and 4G broadband connectivity. The trial involved replacing existing infrastructure with Open RAN solutions during Covid-19 restrictions, successfully demonstrating quality network performance. Axiata aims for commercial deployment by Q4 2021. This collaboration will utilize a cloud-native architecture and improve service agility while lowering costs for Axiata's operations.
Super Micro Computer, Inc. (SMCI) is set to double its manufacturing capacity to meet the surging global demand for servers and storage solutions driven by Cloud, AI, and 5G/Edge technologies. The expansion at its US and Taiwan facilities will facilitate production of over two million servers annually, with full production expected by Summer 2021. This strategic enhancement will lower costs by leveraging US design with Taiwan's manufacturing capabilities. Supermicro aims to deliver fully configured and tested racks globally, aligning with the digital transformation trends among enterprises.
On June 2, 2021, Super Micro Computer (SMCI) announced its new Rack Scale Plug and Play Solutions during Computex 2021. These solutions offer pre-configured, validated rack-level systems designed for demanding workloads, particularly in Cloud, AI, and 5G environments. The offerings include advanced technologies like the 3rd Gen Intel Xeon Scalable Processors and liquid-cooled configurations, aimed at enhancing performance and reducing operational costs. Supermicro emphasizes its commitment to efficient, environmentally-friendly computing solutions while catering to the rising demand for cloud-native data center infrastructures.
Supermicro (SMCI) will showcase its latest innovations in servers and storage during a keynote address by CEO Charles Liang at COMPUTEX 2021 on June 2, 2021. The event will include a press conference featuring Intel's Michelle Johnston Holthaus. Supermicro will highlight its servers that support Intel's 3rd Gen Xeon Scalable processors and AMD EPYC processors. The virtual booth will be available from May 31 to June 30, 2021, and all sessions will remain accessible until May 31, 2022.
A notice from KCC Class Action Services informs investors of Super Micro Computer Inc. (SMCI) that they may be eligible for a distribution from a Fair Fund established by the SEC due to improper accounting practices between October 22, 2014, and January 30, 2018. The SEC found that the company engaged in premature revenue recognition and understated expenses, resulting in a civil penalty of $17.5 million for SMC and additional penalties for former CFO Howard Hideshima. Investors can submit claims until September 18, 2021, for potential compensation from the Fund, totaling over $17.8 million.
Super Micro Computer (Nasdaq: SMCI) announced innovative liquid cooling solutions that lower operational costs and enhance performance for demanding applications. These solutions improve data center power usage effectiveness (PUE) and total cost of ownership (TCO) by over 40%. Supermicro's liquid cooling technologies, including Direct to Chip and immersion cooling, are optimized for high-performance systems like GPU and SuperBlade servers. The dedicated teams will collaborate with customers to ensure seamless installation, enhancing system reliability and maximum operational performance.
Super Micro Computer (Nasdaq: SMCI) announced participation in the 16th Annual Needham Virtual Technology & Media Conference on May 19, 2021, and the BofA Securities Virtual Global Technology Conference on June 9, 2021. Senior Vice President and CFO David Weigand and President, East Coast Patrick Wang will represent the company.
A webcast of the BofA fireside chat at 10:45 a.m. PT will be available on their investor relations website.
Supermicro is an innovator in high-performance server technology, committed to energy efficiency and sustainability.
Super Micro Computer (SMCI) reported third-quarter fiscal year 2021 results, achieving net sales of $896 million, a 16% year-over-year increase. Despite this growth, the gross margin declined to 13.7% from 17.3% a year prior. Net income was $18 million, down from $28 million in the previous quarter. The company outlined a strong fourth-quarter guidance with expected net sales between $980 million and $1.08 billion. CEO Charles Liang expressed optimism about future growth driven by new products and strategic partnerships.
Super Micro Computer, Inc. (Nasdaq: SMCI) will announce its third quarter fiscal 2021 financial results on May 4, 2021, following regular trading hours. A conference call is set for 2:00 p.m. PDT, aimed at discussing these results with investors and analysts. Participants can access the live webcast through a provided link and a replay will be available on the Investor Relations website for one year. Supermicro specializes in high-performance server technology and promotes environmental initiatives through its We Keep IT Green® program.
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?
