Supermicro to be Added to S&P MidCap 400® Index

Rhea-AI Summary

Supermicro (Nasdaq: SMCI) announced its inclusion in the S&P MidCap 400 Index, effective December 22, 2022. This significant milestone underscores the company's commitment to excellence in providing Total IT Solutions for Cloud, AI/ML, Storage, and 5G/Edge technologies. CEO Charles Liang expressed gratitude towards customers, vendors, and employees for their support. Supermicro focuses on delivering innovation in IT infrastructure, with a strong commitment to reducing environmental impact through its Green Computing initiatives.

Positive

• Inclusion in the S&P MidCap 400 Index, enhancing visibility and credibility.
• Recognition of Supermicro's commitment to excellence and innovation in IT solutions.

Negative

• None.

SAN JOSE, Calif.--(BUSINESS WIRE)-- Supermicro (Nasdaq: SMCI), a Total IT Solution Provider for Cloud, AI/ML, Storage, and 5G/Edge, welcomed the news that the company is being added to the S&P MidCap 400 Index, effective prior to the opening of trading on Thursday, December 22, 2022.

“We appreciate being selected for the S&P MidCap 400 Index,” said Charles Liang, Chairman, and Chief Executive Officer. “Since our founding 29 years ago we have been dedicated to building a best-in-class company serving our customers with leading-edge compute infrastructure. We want to thank everyone who has enabled our success, including our outstanding customers, vendors, partners, shareholders, and dedicated teams, all of which have enabled our dedication to excellence.”

S&P MidCap 400 Index and Dow Jones Industrial Average are registered trademarks of S&P Dow Jones Indices.

About Supermicro

Supermicro (Nasdaq: SMCI) is a global leader in Application-Optimized Total IT Solutions. Founded and operating in San Jose, California, Supermicro is committed to delivering first to market innovation for Enterprise, Cloud, AI, and 5G Telco/Edge IT Infrastructure. We are transforming into a Total IT Solutions provider with server, AI, storage, IoT, and switch systems, software, and services while delivering advanced high-volume motherboard, power, and chassis products. The products are designed and manufactured in-house (in the US, Taiwan, and the Netherlands), leveraging global operations for scale and efficiency and optimized to improve TCO and reduce environmental impact (Green Computing). The award-winning portfolio of Server Building Block Solutions® allows customers to optimize for their exact workload and application by selecting from a broad family of systems built from our flexible and reusable building blocks that support a comprehensive set of form factors, processors, memory, GPUs, storage, networking, power and cooling solutions (air-conditioned, free air cooling or liquid cooling).

Supermicro, Server Building Block Solutions, and We Keep IT Green are trademarks and/or registered trademarks of Super Micro Computer, Inc.

All other brands, names, and trademarks are the property of their respective owners.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221221005166/en/

Investor Relations Contact

Nicole Noutsios

email: ir@supermicro.com

Source: Super Micro Computer, Inc.

FAQ

When will Supermicro be added to the S&P MidCap 400 Index?

Supermicro will be added to the S&P MidCap 400 Index effective prior to the opening of trading on December 22, 2022.

What does the addition to the S&P MidCap 400 Index mean for Supermicro (SMCI)?

Being added to the S&P MidCap 400 Index enhances Supermicro's visibility and credibility in the market.

Who is the CEO of Supermicro?

Charles Liang is the Chairman and CEO of Supermicro.

What types of solutions does Supermicro provide?

Supermicro provides Total IT Solutions for Cloud, AI, Machine Learning, Storage, and 5G/Edge.

How does Supermicro support environmental sustainability?

Supermicro emphasizes Green Computing initiatives to reduce environmental impact.