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, 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.
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.