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) delivers cutting-edge server solutions for data centers and enterprise computing. This news hub provides investors and technology professionals with essential updates on the company's innovations in high-performance computing and green data center solutions.
Access official press releases covering product launches, financial results, and strategic partnerships. Our curated news collection enables efficient tracking of SMCI's advancements in modular server design, liquid cooling systems, and AI infrastructure development. Stay informed about enterprise IT trends through verified updates on the company's energy-efficient computing solutions.
Key updates include earnings announcements, technology collaborations, and market expansion initiatives. Bookmark this page for direct access to SMCI's latest developments in server architecture and data center optimization. Check regularly for authoritative updates on the company's progress in sustainable computing solutions.
Super Micro Computer, Inc. (Nasdaq: SMCI), a leading IT solution provider for AI, Cloud, Storage, and 5G/Edge, has announced its participation in major investor conferences. The company will be present at the J.P. Morgan 52nd Annual Global Technology, Media, and Communications Conference on May 20, 2024, in Boston, MA, featuring a fireside chat at 4:30 pm ET. Supermicro will also attend the BofA Securities 2024 Global Technology Conference on June 4, 2024, in San Francisco, CA, with a fireside chat at 8:40 am PT. Finally, the company will participate in the CJS Securities 24th Annual New Ideas Summer Conference on July 10, 2024, in White Plains, NY. These events will provide Supermicro with opportunities to engage with investors and discuss its business strategies and developments.
Supermicro, Inc. introduces complete data center liquid-cooled solutions to address the demands of expanding AI and HPC capacities while reducing power requirements. By delivering high-performance servers equipped with GPUs and CPUs, Supermicro aims to build AI factories quickly and efficiently, reducing data center power consumption by up to 40%. The company continues to innovate in bringing the latest technology, including total liquid cooling solutions, to AI and HPC customers.
Super Micro Computer, Inc. (Nasdaq: SMCI) reported strong financial results for the third quarter of fiscal year 2024, with net sales reaching $3.85 billion, gross margin at 15.5%, and net income of $402 million. The company also raised its revenue outlook for fiscal year 2024 to a range of $14.7 to $15.1 billion. Supermicro's President and CEO, Charles Liang, highlighted the record revenue and non-GAAP EPS growth, emphasizing market leadership in AI infrastructure and the expansion of new solutions.
Supermicro CEO Charles Liang will deliver the CEO Keynote at COMPUTEX 2024, focusing on innovative Rack Scale Plug-and-Play solutions such as liquid cooling, increased efficiency, and optimized performance for AI, cloud, and edge computing. The company's commitment to green IT solutions is highlighted, aiming to reduce energy consumption and data center TCO by up to 40%, while delivering 100kW per rack AI solutions. Supermicro will showcase cutting-edge systems at COMPUTEX, emphasizing Green IT, time-to-market focus, and Building Block Solutions® to lower TCO for data centers.
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