Super Micro Computer Inc Stock Price, News & Analysis

Supermicro will host its 3rd Annual Open Storage Summit from August 17 to September 7, 2022, engaging industry leaders like Kioxia, Solidigm, and Broadcom to explore innovative storage technologies. The summit will cover key topics including storage hardware innovation, data growth management, and the rise of disaggregated storage solutions. Participants from various global regions will join keynote sessions, providing insights into the future of storage in enterprise, data center, and hybrid cloud applications.

Super Micro Computer, Inc. (SMCI) reported strong fourth-quarter and full-year results for fiscal year 2022, ending June 30, 2022. Fourth-quarter net sales reached $1.64 billion, up from $1.07 billion year-over-year, with a gross margin of 17.6%. Net income rose to $141 million, or $2.60 per diluted share. For the full fiscal year, total net sales were $5.20 billion, with a net income of $285 million. Looking ahead, management expects first-quarter net sales between $1.52 billion and $1.62 billion, and fiscal year 2023 sales of $6.2 to $7.0 billion.

Supermicro has partnered with Lightbits, becoming an authorized solution partner to enhance cloud-native storage capabilities. Their integrated solution combines Supermicro’s hardware with Lightbits’ NVMe/TCP technology, offering high performance, low latency, and scalability for Cloud Service Providers. A single SuperServer can achieve up to 4.7 million IOPs and 21GB/s read bandwidth. This collaboration is designed to reduce total cost of ownership, streamline deployment, and improve service provisioning for customers like Finanz Informatik Technology Service and Zenlayer.

Supermicro (NASDAQ: SMCI) has announced plans to expand its Total IT Solutions leveraging the Intel Data Center GPU, codenamed Arctic Sound-M. The new technology aims to enhance performance for Android Cloud Gaming and media processing with systems capable of over 540 1080p @60Hz transcoded streams per system. Innovations include various server configurations, such as the Supermicro BigTwin and 2U 2-Node servers, designed for media delivery and cloud gaming. These solutions will significantly improve video streaming rates and reduce latency, transforming user experiences in gaming and content delivery.

Super Micro Computer, Inc. (NASDAQ: SMCI) announced preliminary financial results for Q4 FY 2022, projecting net sales of $1.58B to $1.63B, significantly above prior guidance of $1.4B to $1.48B. GAAP diluted net income per share is expected to be $2.20 to $2.30 versus the previous range of $1.45 to $1.64. Non-GAAP diluted earnings are also projected higher, indicating robust demand and design wins. Actual results may vary as they are pending finalization.

Super Micro Computer (NASDAQ: SMCI) announced the global availability of new edge computing systems optimized for the Intelligent Edge at Embedded World 2022. These systems feature Intel Xeon D processors with up to 20 cores and operate in extreme temperatures from -40° C to 85° C. Supermicro's new offerings, including the IP65 Ruggedized Outdoor Enclosure, aim to enhance AI inferencing by minimizing latency and reducing network traffic. The introduction of these systems emphasizes Supermicro's commitment to high-performance computing while striving to lower its carbon footprint.

Super Micro Computer (Nasdaq: SMCI) announced the integration of the NVIDIA Grace CPU Superchip into its server portfolio, targeting AI, HPC, and data analytics applications. This collaboration aims to enhance server performance with a memory bandwidth of up to 1 TB/second and optimized energy efficiency, lowering operational costs for data centers. Initial offerings will include a 2U 2 Node system, with plans to expand the product line. The partnership is set to streamline development in modern workloads, ensuring Supermicro remains at the forefront of technological advancement in the industry.

Super Micro Computer (NASDAQ: SMCI) showcased its innovative Advanced Server and AI Solutions at Computex 2022, emphasizing the significance of green computing. CEO Charles Liang discussed market trends and introduced new products like the Universal GPU and Supermicro GrandTwin. The company is expanding its manufacturing facilities in the US and Taiwan to meet growing customer demand and highlighted its commitment to delivering Application-Optimized IT Solutions.

Supermicro's CEO, Charles Liang, will present a keynote at COMPUTEX 2022 on May 25, showcasing innovations in systems and storage solutions for cloud, AI, 5G/Edge, and enterprise markets. Joined by NVIDIA's Kevin Connors and Intel's Shesha Krishnapura, the keynote will highlight collaborations enhancing AI and reducing environmental impacts in data center design. Supermicro's virtual booth will feature the latest servers utilizing Intel's 3rd Gen Xeon and AMD EPYC processors, along with NVIDIA-Certified Systems.