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 develops and supplies application-optimized IT infrastructure for AI, cloud, storage, HPC, IoT, and 5G/edge environments. Its recurring news includes financial results, demand for datacenter infrastructure, and updates to its Data Center Building Block Solutions and Server Building Block Solutions portfolios, including servers, storage systems, rack-scale platforms, networking, power, cooling, and management technologies.
Company updates also cover product introductions for AI inferencing, enterprise compute, high-density liquid-cooled systems, Arm-based and OCP-compliant platforms, manufacturing and distribution capacity, and governance or compliance matters related to its public-company operations.
Super Micro Computer (SMCI) has launched a comprehensive server lineup utilizing the AMD EPYC™ 7003 Series Processors, achieving significant performance enhancements. The SuperBlade system recorded world records in benchmark tests, showcasing a 36% improvement over its predecessor. The new servers target enterprise workloads including AI and cloud applications, emphasizing energy efficiency and reduced total cost of ownership. Supermicro's innovative designs aim to optimize performance while minimizing environmental impact, underlining their commitment to sustainability.
Super Micro Computer, Inc. (Nasdaq: SMCI) introduced a groundbreaking multi-node GPU solution aimed at enhancing energy efficiency and performance. This innovative 2U 2-node system can yield up to 10% TCO savings by sharing power and cooling resources. It features up to 64 cores and 128 PCIe 4.0 lanes per node, and is optimized for video streaming, cloud gaming, and AI applications. The design offers excellent serviceability and lower maintenance costs, addressing the needs of demanding GPU-accelerated applications.
Super Micro Computer (Nasdaq: SMCI) has announced an Investor Update Videoconference set for March 4, 2021, at 1:30 PM PT. President and CEO Charles Liang will discuss the company's goal of achieving $10 billion in annual sales, new growth drivers, and the expansion of their Taiwan headquarters. SVP and CFO David Weigand will present an updated financial model, followed by a Q&A session. Additionally, Supermicro will participate in several virtual investor events from March 9-12, 2021. A replay of the videoconference will be available on their Investor Relations website.
Supermicro (SMCI) announced its JumpStart program, allowing customers to remotely test and validate workload performance on systems powered by 3rd Gen Intel Xeon Scalable processors starting February 16, 2021. This initiative aims to accelerate solution deployment and optimize performance for various applications within cloud, AI, and HPC sectors. Participants gain early access to cutting-edge technologies, facilitating benchmarking and validation of their workloads. Supermicro's extensive product portfolio, including Ultra and BigTwin systems, supports the latest Intel architecture, reinforcing its commitment to innovation and efficiency.
Super Micro Computer, Inc. (SMCI), based in San Jose, Calif., has publicly disputed a Bloomberg article containing inaccuracies regarding long-standing allegations. The company affirms that U.S. government agencies, including the National Security Agency, have not confirmed any investigations. Supermicro emphasizes its commitment to product integrity, stating that previous claims regarding undetected malicious chips have been disproven. The firm highlights its ongoing partnership with Intel and its continuous efforts to enhance security features in its products.
Super Micro Computer, Inc. (SMCI) reported second-quarter fiscal 2021 results, highlighting net sales of $830 million, up from $762 million in the prior quarter but down from $871 million year-over-year. Gross margin decreased to 16.4% compared to 17.0% in the previous quarter. Net income rose to $28 million, reflecting a slight increase in diluted earnings per share to $0.52. The company anticipates Q3 net sales between $790 million and $870 million with diluted EPS guidance between $0.22 and $0.42. A new stock repurchase program of $200 million was announced as well.
On January 20, 2021, Super Micro Computer (Nasdaq: SMCI) announced its new GPU test-drive program, STEP, enabling customers to remotely test Supermicro's HGX A100 server systems. This initiative aims to showcase the servers' capabilities for advanced workloads, utilizing NVIDIA's cutting-edge technology, including 3rd Generation NVLink. The program is accessible through a dedicated landing page, connecting customers with participating partners for registration. The STEP program is designed to enhance the speed and efficiency of AI and HPC workloads, facilitating faster implementation of solutions.
Super Micro Computer (Nasdaq: SMCI) showcased its innovative cloud gaming, video streaming, and server infrastructure at CES 2021. The company revealed a new multi-node, multi-GPU platform aimed at improving performance for high-demand applications. This system provides up to 10% TCO savings and supports 64 cores with advanced I/O capabilities. Supermicro continues to enhance its workstation technology, integrating Intel's 11th Gen processors and NVIDIA GPUs, while emphasizing environmental sustainability through its We Keep IT Green initiative.
Super Micro Computer, Inc. (SMCI) announced a new server-grade workstation equipped with the AMD Ryzen Threadripper PRO processor, featuring up to 64 cores and 128 PCI-E 4.0 lanes. This workstation, designed for high-performance workloads in fields such as AI and media content creation, offers significant productivity boosts. The platform supports up to 2TB of DDR4 memory, four M.2 NVMe storage slots, and can accommodate four GPUs, enhancing data-intensive task management. Supermicro continues to support AMD's 2nd Gen EPYC processors, showcasing extensive solutions for diverse computing needs.
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.