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.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Super Micro Computer's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Super Micro Computer's position in the market.
Rhea-AI Summary
Supermicro, Inc. introduces new SuperCluster solutions for generative AI workloads, including liquid-cooled and air-cooled configurations with the latest NVIDIA Tensor Core GPUs. The company aims to accelerate the deployment of large language model infrastructure, offering powerful training performance and cloud-scale inference capabilities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.96%
Tags
-
Rhea-AI Summary
Supermicro, Inc. announces new AI systems for large-scale generative AI featuring NVIDIA's next-generation data center products. The company is enhancing its current systems to support the latest NVIDIA GPUs, reducing time to delivery. Supermicro's focus on building block architecture and rack-scale IT for AI enables the design of next-gen systems optimized for NVIDIA Blackwell GPUs. The company anticipates being first-to-market in deploying full rack clusters with these GPUs, offering groundbreaking performance for AI training and inference.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.96%
Tags
-
Rhea-AI Summary
Super Micro Computer, Inc. (NASDAQ: SMCI) has been selected to join the S&P 500 Index, showcasing its growth in green computing systems supporting AI, top-tier customers, and global expansion. The company aims to lead in the AI space with innovative solutions and a focus on sustainability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.38%
Tags
Rhea-AI Summary
Supermicro, Inc. (SMCI) introduces an extended telecom platform to enhance performance and energy efficiency in 5G and telecom workloads. The company offers a diverse range of infrastructure solutions supporting AI applications and open networking platforms.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.9%
Tags
-
Rhea-AI Summary
Super Micro Computer, Inc. (SMCI) announced the pricing of $1.5 billion convertible senior notes due 2029 for qualified institutional buyers. The notes have an initial conversion rate of 0.7455 shares per $1,000 principal amount, with a conversion price of approximately $1,341.38 per share. The company granted an option to purchase up to an additional $225.0 million aggregate principal amount of notes. The offering is expected to close on February 27, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.84%
Tags
-
Rhea-AI Summary
Super Micro Computer, Inc. (SMCI) intends to offer $1.5 billion convertible senior notes due 2029 to qualified institutional buyers. The notes will be senior, unsecured obligations with interest payable semi-annually. The company will use the proceeds for general corporate purposes, including working capital and business expansion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
32.87%
Tags
Rhea-AI Summary
Supermicro, Inc. (SMCI) expands its AI solutions portfolio for edge locations, enabling customers to utilize AI capabilities in public spaces, retail stores, and industrial sites. The company offers application-optimized servers with NVIDIA GPUs for efficient AI deployment at the edge, enhancing response times and decision-making.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.96%
Tags
-
Rhea-AI Summary
Super Micro Computer, Inc. (SMCI) will be participating in upcoming investor conferences like Morgan Stanley Technology, Media & Telecom Conference and KeyBanc Emerging Technology Summit to discuss its IT solutions for AI, Cloud, Storage, and 5G/Edge.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-19.99%
Tags
-
Rhea-AI Summary
Vapor IO and Supermicro announce Zero Gap AI, a groundbreaking collaboration delivering private 5G and AI-as-a-Service platforms. The platform aims to revolutionize how enterprises and municipalities utilize AI by offering hyperlocal services with reduced reliance on centralized computing. Supermicro servers with NVIDIA MGX platform and GH200 Grace Hopper Superchip form the core of Zero Gap AI, enabling high-performance computing and AI servers. The platform targets various industries like smart cities, healthcare, retail, and manufacturing, offering cost-effective AI solutions at scale.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.02%
Tags
Rhea-AI Summary
Super Micro Computer, Inc. (SMCI) reported strong financial results for the second quarter of fiscal year 2024, with net sales of $3.66 billion, representing a 103% year-over-year growth. The company also raised its revenue outlook for fiscal year 2024 to $14.3 billion to $14.7 billion. However, the gross margin decreased to 15.4% compared to the previous quarter, and cash flow used in operations was $595 million. The company's total cash and cash equivalents were $726 million, while total bank debt was $376 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.49%
Tags
Super Micro Computer, Inc.
Nasdaq:SMCI
SMCI Rankings
SMCI Stock Data
52.96B
47.91M
14.35%
70.76%
5.3%
Electronic Computer Manufacturing
Manufacturing
United States of America
SAN JOSE
About SMCI
supermicro (nasdaq: smci) is a global leader in high performance, high efficiency server technology and innovation. we develop and provide end-to-end green computing solutions to the data center, cloud computing, enterprise it, big data, high performance computing, or hpc, and embedded markets. our solutions range from complete server, storage, blade and workstations to full racks, networking devices, server management software and technology support and services. we offer our customers a high degree of flexibility and customization by providing what we believe to be the industry's broadest array of server configurations from which they can choose the optimal solution which fits their computing needs. our server systems, subsystems and accessories are architecturally designed to provide high levels of reliability, quality and scalability, thereby enabling our customers benefits in the areas of compute performance, density, thermal management and power efficiency to lower their overall