Super Micro Computer Inc Stock Price, News & Analysis

Supermicro (Nasdaq: SMCI), a leader in total IT solutions, announced that David Weigand, CFO, will participate in two upcoming investor conferences. The first is the Credit Suisse 26th Annual Technology Conference on November 29, 2022, in Scottsdale, AZ, featuring 1x1 meetings. The second is the Wells Fargo 6th Annual TMT Summit on November 30, 2022, at 4:30 PM PT in Las Vegas, NV. Both events will have live webcasts available on Supermicro's investor relations website.

Supermicro focuses on delivering innovative solutions for Enterprise, Cloud, AI, and 5G Telco/Edge IT infrastructure.

Supermicro (SMCI) reported strong Q1 fiscal year 2023 results with net sales of $1.85 billion, a significant increase from $1.03 billion year-over-year. The gross margin improved to 18.8%, up from 13.4% in the same quarter last year. Net income surged to $184 million and diluted earnings per share reached $3.35. For Q2, the company forecasts sales between $1.7 billion and $1.8 billion, with GAAP EPS guidance of $2.54 to $2.81. Additionally, the annual sales guidance was raised to between $6.5 billion and $7.5 billion.

Super Micro Computer, Inc. (NASDAQ: SMCI) has announced preliminary financial results for the first quarter of fiscal year 2023, ending September 30, 2022. The company expects net sales in the range of $1.78B to $1.82B, significantly higher than the prior guidance of $1.52B to $1.62B. GAAP diluted net income per share is anticipated between $3.00 and $3.15, exceeding the earlier estimate of $2.01 to $2.27. These results highlight strong customer demand and design wins in the IT solution sector.

Supermicro (SMCI) announced its expanded integration of open hardware and open-source technologies during the 2022 OCP Global Summit. The company aims to enhance innovation across its server portfolio while reducing reliance on proprietary systems. The new offerings include the 8U 8-GPU AI training system, which supports CPUs up to 400W and GPUs up to 700W, incorporating standards like OCP ORV2 compliance and advanced I/O modules. With a focus on performance, efficiency, and total cost of ownership, Supermicro is positioned to strengthen its market presence in AI and cloud solutions.

Supermicro (NASDAQ: SMCI) has been selected by NEC Corporation to provide over 116 GPU servers featuring dual 3rd Gen Intel Xeon processors and eight NVIDIA A100 GPUs each, significantly enhancing AI performance by 580 PetaFLOPS. This deployment positions NEC's supercomputer as Japan's leading AI research facility, fostering advanced AI algorithm development. Supermicro's servers are designed for demanding workloads, optimizing for large-scale distributed learning applications. The contract underscores Supermicro's capabilities in delivering innovative IT solutions for AI and cloud environments.

Supermicro (NASDAQ: SMCI) launched the JumpStart Program on October 6, 2022, providing pre-release access to the X13 systems featuring the 4th Gen Intel Xeon Scalable processors. This initiative aims to facilitate workload testing for key sectors like AI, Cloud, and Enterprise, enabling developers to enhance application performance. Participants will have early access to cutting-edge technologies, including DDR5 and PCIe 5.0, helping them validate solutions before the public launch. The program supports various types of servers, accelerating deployment in data centers.

Super Micro Computer, Inc. (SMCI) has launched its second-generation NVIDIA OVX systems, enhancing its position in accelerated computing. These OVX servers, featuring NVIDIA L40 GPUs, support high-performance applications for the metaverse and digital twin simulations. Each server can host up to eight GPUs and boasts dual CPUs, extensive memory, and multiple storage options. By integrating advanced graphics and AI capabilities, these systems cater to enterprise-level demands for immersive experiences. The launch signifies SMCI's commitment to innovation within data center computing.

Supermicro (SMCI) enhances its portfolio by introducing over 20 new systems optimized for NVIDIA H100 GPUs, aimed to boost AI, ML, HPC, and inferencing workloads. The solutions will provide significant performance improvements, with claims of up to 30x gains in AI inferencing. The company aims to simplify platform building and accelerate AI development through certified systems, which include current generation servers and new offerings. Additionally, Supermicro supports open standards, facilitating quicker delivery and installation, ultimately enhancing productivity for its customers.

Super Micro Computer (SMCI) introduced a new 8U Universal GPU server featuring up to eight NVIDIA H100 Tensor Core GPUs. This system enhances AI performance with reduced power consumption and improved thermal density, supporting both current and future Intel and AMD CPUs. With a maximum memory capacity of 8TB, it facilitates faster AI training and HPC applications. The server's innovative design lowers noise and operational costs.

Supermicro's expanded GPU lineup now includes three Universal GPU systems, addressing diverse computational workloads while adhering to open standards for quick installation.