Super Micro Computer Inc Stock Price, News & Analysis

Super Micro Computer (Nasdaq: SMCI) announced that James Kisner, Vice President of Investor Relations, will engage with institutional investors at the Needham Growth Conference 2021 on January 13-14, 2021. The event highlights Supermicro's leadership in high-performance and energy-efficient server and storage technology, focusing on green computing solutions. Supermicro is dedicated to providing advanced server Building Block Solutions® for various applications, including Cloud Computing and Artificial Intelligence, while promoting its We Keep IT Green® initiative.

Super Micro Computer (Nasdaq: SMCI) announced its 4-socket server platform is now certified for SAP HANA and Oracle Linux, powered by 3rd Gen Intel Xeon Scalable processors with AI acceleration. This 2U server supports up to 112 Xeon cores and 18TB of memory, enhancing performance for enterprise workloads. The company reports positive feedback and significant market penetration from enterprise customers. The transition from traditional Unix systems to this advanced server model indicates a growing demand for high availability and performance solutions.

Super Micro Computer (SMCI) announces participation in upcoming virtual investor meetings. Key executives, including CFO Kevin S. Bauer and SVP Patrick Wang, will engage with institutional investors at three events.

The events include the Non-Deal Roadshow on November 23-24 and November 30, 2020, the Wells Fargo TMT Summit on December 1, 2020, and the Credit Suisse Technology Conference on December 2, 2020.

Supermicro is a leader in high-performance server technology, committed to energy efficiency and sustainability through its “We Keep IT Green®” initiative.

Super Micro Computer, Inc. (Nasdaq: SMCI) showcases its extensive range of high-performance computing (HPC) systems at Supercomputing 2020 (SC20), held virtually from November 17-19. The company highlights its Resource-Saving Architecture™, aimed at reducing power consumption and minimizing environmental impact. Supermicro's offerings include advanced SuperBlade® systems, GPU servers optimized for AI and HPC workloads, and liquid-cooled solutions for data-intensive projects. Key sessions at SC20 focus on HPC applications related to COVID-19 research and scalable liquid-cooling technologies.

Super Micro Computer, Inc. (Nasdaq: SMCI) announced the deployment of its "Ruby" supercomputing cluster at Lawrence Livermore National Laboratory (LLNL) to enhance computational capabilities for national security and COVID-19 research. This cluster comprises over 85,000 cores, achieving six petaflops of performance, and incorporates liquid cooling technology for energy efficiency. Funded by the National Nuclear Security Administration and the CARES Act, the system supports unclassified research in combating SARS-CoV-2, facilitating collaboration during increased demand for computing resources.

Super Micro Computer (SMCI) reported Q1 FY2021 financial results, with net sales of $762 million, declining from $800 million year-over-year. The gross margin increased to 17.0%, compared to 16.4% last year. Net income rose to $27 million, up from $26 million in Q1 FY2020. Diluted EPS was $0.49, lower than $0.51 the previous year. For Q2 FY2021, SMCI forecasts net sales of $780-$880 million and GAAP net income per diluted share between $0.25 and $0.47. The company also initiated a $50 million stock repurchase program to enhance shareholder value.

Super Micro Computer (Nasdaq: SMCI) has launched the 2U Ultra-E short-depth server, now certified with NEBS Level 3, enhancing its offerings in the telecom sector. This server is optimized for 5G and edge applications, featuring dual 2nd Gen Intel Xeon Scalable processors and support for up to 6TB of DDR4 memory. The Ultra-E server showcases Supermicro's commitment to delivering powerful computing solutions that fulfill the growing demands for edge infrastructure. With multiple configuration options, it aims to modernize customer data centers while ensuring low power requirements.

Super Micro Computer, Inc. (SMCI) will announce its first quarter fiscal 2021 financial results on November 3, 2020, after market close. A conference call for investors and analysts is scheduled at 2:00 p.m. PT. Registration for the call is available online, and participants are encouraged to register in advance to ensure connectivity. The results will be discussed in detail during the call, which will also be accessible via a webcast on the company's Investor Relations website. Supermicro specializes in high-performance, high-efficiency server technology.

Super Micro Computer, Inc. (SMCI) has been selected by the Lawrence Livermore National Laboratory (LLNL) to provide enhanced computing resources aimed at COVID-19 research. This deal involves Supermicro's powerful 4U 8 GPU servers, equipped with nearly 1,000 AMD Radeon Instinct MI50 accelerators, expanding LLNL's cluster to deliver up to 11 Petaflops of computing power. Funded by the CARES Act, the Corona supercomputer will utilize this capacity to accelerate simulations critical to identifying a COVID-19 cure, marking a significant advancement in predictive biomedical modeling.