Super Micro Computer Inc Stock Price, News & Analysis

Super Micro Computer, Inc. (SMCI) has announced new server lines featuring Intel's latest Xeon D-1700 and D-2700 processors, designed for rugged environments. The E300, 110D, and 510D servers cater to telco, industrial, and edge computing needs, supporting up to 512GB of DRAM and PCI-E 4.0. The SYS-E300 model offers a 1U mini-server form factor, while SYS-510D includes multiple storage options. These systems enhance data processing at the network edge, aimed at reducing total cost of ownership for business applications. The company continues to innovate in high-performance computing and green technology.

Super Micro Computer (SMCI) has launched a new short-depth SuperEdge multi-node server optimized for 5G, IoT, and Edge applications. Utilizing a 3rd Gen Intel Xeon Scalable processor, the server enhances node density by 50%, ideal for high-density environments like retail and remote locations. With a compact design of 430 mm depth, it supports AI calculations at the edge and operates in extreme temperatures. This innovation aims to improve data processing efficiency and reduce network traffic, aligning with the company's strategy towards IT solutions for the metaverse.

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.