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. (SMCI) is set to double its manufacturing capacity to meet the surging global demand for servers and storage solutions driven by Cloud, AI, and 5G/Edge technologies. The expansion at its US and Taiwan facilities will facilitate production of over two million servers annually, with full production expected by Summer 2021. This strategic enhancement will lower costs by leveraging US design with Taiwan's manufacturing capabilities. Supermicro aims to deliver fully configured and tested racks globally, aligning with the digital transformation trends among enterprises.
On June 2, 2021, Super Micro Computer (SMCI) announced its new Rack Scale Plug and Play Solutions during Computex 2021. These solutions offer pre-configured, validated rack-level systems designed for demanding workloads, particularly in Cloud, AI, and 5G environments. The offerings include advanced technologies like the 3rd Gen Intel Xeon Scalable Processors and liquid-cooled configurations, aimed at enhancing performance and reducing operational costs. Supermicro emphasizes its commitment to efficient, environmentally-friendly computing solutions while catering to the rising demand for cloud-native data center infrastructures.
Supermicro (SMCI) will showcase its latest innovations in servers and storage during a keynote address by CEO Charles Liang at COMPUTEX 2021 on June 2, 2021. The event will include a press conference featuring Intel's Michelle Johnston Holthaus. Supermicro will highlight its servers that support Intel's 3rd Gen Xeon Scalable processors and AMD EPYC processors. The virtual booth will be available from May 31 to June 30, 2021, and all sessions will remain accessible until May 31, 2022.
A notice from KCC Class Action Services informs investors of Super Micro Computer Inc. (SMCI) that they may be eligible for a distribution from a Fair Fund established by the SEC due to improper accounting practices between October 22, 2014, and January 30, 2018. The SEC found that the company engaged in premature revenue recognition and understated expenses, resulting in a civil penalty of $17.5 million for SMC and additional penalties for former CFO Howard Hideshima. Investors can submit claims until September 18, 2021, for potential compensation from the Fund, totaling over $17.8 million.
Super Micro Computer (Nasdaq: SMCI) announced innovative liquid cooling solutions that lower operational costs and enhance performance for demanding applications. These solutions improve data center power usage effectiveness (PUE) and total cost of ownership (TCO) by over 40%. Supermicro's liquid cooling technologies, including Direct to Chip and immersion cooling, are optimized for high-performance systems like GPU and SuperBlade servers. The dedicated teams will collaborate with customers to ensure seamless installation, enhancing system reliability and maximum operational performance.
Super Micro Computer (Nasdaq: SMCI) announced participation in the 16th Annual Needham Virtual Technology & Media Conference on May 19, 2021, and the BofA Securities Virtual Global Technology Conference on June 9, 2021. Senior Vice President and CFO David Weigand and President, East Coast Patrick Wang will represent the company.
A webcast of the BofA fireside chat at 10:45 a.m. PT will be available on their investor relations website.
Supermicro is an innovator in high-performance server technology, committed to energy efficiency and sustainability.
Super Micro Computer (SMCI) reported third-quarter fiscal year 2021 results, achieving net sales of $896 million, a 16% year-over-year increase. Despite this growth, the gross margin declined to 13.7% from 17.3% a year prior. Net income was $18 million, down from $28 million in the previous quarter. The company outlined a strong fourth-quarter guidance with expected net sales between $980 million and $1.08 billion. CEO Charles Liang expressed optimism about future growth driven by new products and strategic partnerships.
Super Micro Computer, Inc. (Nasdaq: SMCI) will announce its third quarter fiscal 2021 financial results on May 4, 2021, following regular trading hours. A conference call is set for 2:00 p.m. PDT, aimed at discussing these results with investors and analysts. Participants can access the live webcast through a provided link and a replay will be available on the Investor Relations website for one year. Supermicro specializes in high-performance server technology and promotes environmental initiatives through its We Keep IT Green® program.
Super Micro Computer (Nasdaq: SMCI) announced an expansion of its GPU product line, focusing on AI and HPC capabilities. Their new systems achieve an industry-leading 5 petaFLOPS of AI performance in a 4U form factor using the latest NVIDIA GPUs, including A100, A40, and RTX A6000. CEO Charles Liang highlighted the collaboration with NVIDIA to optimize systems for customer workloads. Supermicro aims to deliver cutting-edge technology for various applications, including AI drug discovery and advanced manufacturing. These new systems are now shipping globally.
Super Micro Computer (SMCI) has launched a comprehensive server lineup featuring the 3rd Gen Intel Xeon Scalable processors, enhancing performance and reducing total cost of ownership (TCO). The X12 systems are already in use at organizations like Osaka University and DISH. The new Hyper product line supports demanding applications with up to 32 DIMMs and 400 Gbit LAN. Supermicro systems offer improved energy efficiency, enhanced security measures, and support for advanced AI workloads, with a focus on cutting-edge technologies for 5G and high-performance computing.
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