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 announced its Q2 fiscal 2022 results, reporting net sales of $1.17 billion, a 41% increase year-over-year. Net income reached $42 million, up from $28 million in Q2 FY2021, translating to a diluted EPS of $0.78. Despite a decrease in gross margin to 14.0% from 16.4% last year, the company remains optimistic, projecting Q3 sales between $1.1 billion and $1.2 billion and maintaining its FY2022 guidance of $4.2 billion to $4.6 billion in sales.
Super Micro Computer, Inc. (NASDAQ: SMCI) will release its second quarter fiscal 2022 financial results on February 1, 2022, after market close. A conference call for investors and analysts will take place at 2:00 p.m. PST. Participants can access the live webcast here. A replay will be available on the Investor Relations section of the company’s website for one year. Supermicro focuses on high-performance servers, storage technologies, and green computing solutions.
Super Micro Computer, Inc. (Nasdaq: SMCI) has announced its participation in the 24th Annual Needham Virtual Growth Conference on January 10, 2022. CFO David Weigand and President Patrick Wang will present during the event, which includes 1x1 meetings only. Supermicro, headquartered in San Jose, California, is a leading provider of enterprise computing and storage solutions, focusing on green technology and innovation across various IT infrastructures.
Super Micro Computer, Inc. (NASDAQ: SMCI) has announced a proposed voluntary dismissal of a stockholder derivative lawsuit, Stein v. Liang, et al, filed in the U.S. District Court for the Northern District of California. The lawsuit, initiated on May 5, 2021, alleges breaches of fiduciary duties and misleading statements regarding revenue recognition and internal controls. The dismissal, prompted by similar claims in an ongoing case, will proceed unless other stockholders intervene by February 4, 2022. This outcome could mitigate legal risks for Supermicro.
On December 16, 2021, Super Micro Computer, Inc. (SMCI) announced a landmark achievement with its first published TPCx-HCI benchmark result, scoring 4,790.18 tpsHCI at $49.60/tpsHCI. This record, achieved in collaboration with AMD and VMware, showcases Supermicro's high-performance computing capabilities in Hyper-Converged Infrastructure (HCI) environments. The benchmark utilized 3rd Generation AMD EPYC processors across four Supermicro servers, demonstrating industry-leading performance for computationally intensive workloads.
Super Micro Computer, Inc. (Nasdaq: SMCI) announced its participation in key upcoming investor conferences. On November 30, 2021, the company will attend the Credit Suisse 25th Annual Technology Conference in Scottsdale, AZ, and the Wells Fargo Virtual 5th Annual TMT Summit, featuring a fireside chat at 9:40 am PT. Additionally, Supermicro will join the Raymond James Virtual Technology Investors Conference on December 7, 2021. The Wells Fargo event will have a live webcast available on their investor relations website.
Super Micro Computer (SMCI) is enhancing its position in the high-performance computing (HPC) market by introducing innovative solutions for various industries. The newly launched Universal GPU server allows flexible configurations, supporting the latest CPUs and GPUs, including AMD and NVIDIA technologies. This system aims to expedite delivery and reduce costs for enterprises. Supermicro's expanded manufacturing capabilities in the USA and Taiwan enable large-scale production of liquid-cooled clusters, critical for performance. Additionally, Supermicro's energy-efficient HPC systems are recognized in the Green 500 list.
Super Micro Computer (SMCI) has unveiled enhanced AI GPU servers integrating NVIDIA's Ampere-family GPUs, boasting up to ten times the AI inference performance of earlier models. The new servers support various applications including image classification and natural language processing, while the A100 HGX systems offer superior AI training and data analytics speeds. Additionally, Supermicro launched the Quantum-2 InfiniBand product line, providing 400 Gb/s bandwidth and improved AI acceleration. The company aims to support hybrid work environments through advanced collaboration tools powered by NVIDIA technology.
Super Micro Computer, Inc. (Nasdaq: SMCI) reported Q1 fiscal year 2022 results, achieving net sales of $1.03 billion, a 35% increase year-over-year but a decline from $1.07 billion in Q4 FY2021. The gross margin dropped to 13.4% from 17.0% in the same quarter last year. Net income decreased to $25 million compared to $39 million in Q4 FY2021. The company anticipates Q2 revenue between $1.1 billion and $1.2 billion, with GAAP net income per share between $0.60 and $0.80.
Super Micro Computer, Inc. (Nasdaq: SMCI) will release its financial results for the first quarter of fiscal 2022 on November 2, 2021, after market close. A conference call for investors and analysts will take place at 2:00 p.m. PDT to discuss these results. Interested parties can access the live webcast or register for the call, with a replay available for one year on the company’s Investor Relations website. Supermicro is a leader in high-performance server technology and emphasizes green computing through its initiatives.
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