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Super Micro Computer, Inc. - SMCI STOCK NEWS

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.

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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.
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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.
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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.
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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.
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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.
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Supermicro, Inc. (NASDAQ: SMCI) launches a full stack optimized storage solution for AI and ML data pipelines, supporting petascale capacities and high-performance data delivery. The solution aims to maximize AI time-to-value by keeping GPU data pipelines fully saturated and delivering multi-petabyte data for AIOps and MLOps in production environments. President and CEO Charles Liang claims the solution can deliver 270 GB/s of read throughput and 3.9 million IOPS per storage cluster, easily scaling up to hundreds of petabytes, and reducing TCO while increasing AI performance.
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Supermicro (SMCI) expects to exceed its prior financial guidance for the second quarter of fiscal year 2024, with anticipated net sales of $3.6B to $3.65B, compared to the previous guidance of $2.7B to $2.9B. The company also expects GAAP diluted net income per common share to be in the range of $4.90 to $5.05, up from the prior guidance of $3.75 to $4.24. Non-GAAP diluted net income per common share is anticipated to be $5.40 to $5.55, compared to the previous guidance of $4.40 to $4.88. These preliminary unaudited financial results are subject to revision and may differ materially from the final results.
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Super Micro Computer, Inc. (SMCI) announces participation in CJS Securities 24th Annual 'New Ideas for the New Year' Conference and 26th Annual Needham Growth Conference.
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Supermicro, Inc. (NASDAQ: SMCI) announces rack scale air and liquid cooled solutions based on the X13 family of workload-optimized servers now support the new 5th Gen Intel Xeon processors, delivering 67% generation-over-generation performance boost in AI benchmarks and average performance gain of 87% over 3rd Gen Intel Xeon Processor-based Systems.
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Super Micro Computer, Inc. (SMCI) appoints Wally Liaw to the Board of Directors, a Co-founder with extensive experience in Strategic Business Development and Corporate Growth initiatives. Mr. Liaw's return as Senior Vice President, Business Development is a positive development for the company's future.
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FAQ

What is the current stock price of Super Micro Computer (SMCI)?

The current stock price of Super Micro Computer (SMCI) is $34.33 as of December 24, 2024.

What is the market cap of Super Micro Computer (SMCI)?

The market cap of Super Micro Computer (SMCI) is approximately 20.1B.

What does Super Micro Computer, Inc. specialize in?

Super Micro Computer, Inc., also known as Supermicro, specializes in high-performance, high-efficiency server technology and provides green computing solutions for data centers, cloud computing, enterprise IT, big data, HPC, and embedded markets.

What are the key products and services offered by Supermicro?

Supermicro's key products and services include complete server, storage, blade and workstation systems, full racks, networking devices, server management software, and technology support services.

How does Supermicro's modular architectural approach benefit customers?

Supermicro's modular architectural approach provides high flexibility and customization, allowing customers to choose optimal server configurations that meet their specific computing needs.

What recent achievements has Supermicro made?

Recent achievements include the launch of new IoT and embedded systems, the introduction of the X14 server portfolio with Intel® Xeon® 6 processors, and collaborations with Intel, Foxconn, and NVIDIA for new AI data center projects.

What is the focus of Supermicro's new product offerings?

Supermicro's new product offerings focus on enhancing performance, increasing power efficiency, and supporting demanding workloads, particularly in edge computing and AI applications.

Where are Supermicro's products designed and manufactured?

Supermicro designs and manufactures its products in-house at facilities located in the US, Taiwan, and the Netherlands.

What are Server Building Block Solutions®?

Server Building Block Solutions® are Supermicro’s method of providing a flexible, reusable design that supports a wide range of form factors, processors, memory, GPUs, storage, networking, power, and cooling solutions.

How does Supermicro contribute to green computing?

Supermicro contributes to green computing by developing energy-efficient solutions, optimizing data center performance, reducing environmental impact, and lowering the total cost of ownership (TCO).

What open industry standards does Supermicro support?

Supermicro supports various open industry standards, ensuring extensive customization options and interoperability with different IT infrastructure components.

Who are some of Supermicro’s notable partners?

Notable partners include Intel, Foxconn, NVIDIA, Datasection, and KDDI.

Super Micro Computer, Inc.

Nasdaq:SMCI

SMCI Rankings

SMCI Stock Data

20.10B
500.66M
14.48%
55.09%
14.96%
Computer Hardware
Electronic Computers
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United States of America
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