Super Micro Computer Inc Stock Price, News & Analysis

Supermicro (NASDAQ: SMCI) has announced support for the new NVIDIA RTX PRO 6000 Blackwell Server Edition GPUs across its portfolio of GPU servers and workstations. The expansion includes over 100 GPU-optimized systems designed for enterprise AI applications.

The new NVIDIA RTX PRO 6000 Blackwell Server Edition features enhanced performance compared to the previous L40S, including faster GDDR7 memory, 2x memory capacity, PCIe 5.0 interface support, and Multi-Instance GPU capabilities supporting up to 4 isolated instances.

Supermicro's system lineup includes:

• 5U PCIe GPU systems supporting up to 10 GPUs
• NVIDIA MGX systems with up to 8 GPUs in 4U
• 3U Edge-optimized systems supporting up to 8 double-width GPUs
• SuperBlade systems with up to 120 GPUs per rack
• Rackmount and Tower Workstations for AI development and creative applications

Supermicro (NASDAQ: SMCI) has unveiled new edge computing servers optimized for AI workloads, featuring the latest Intel Xeon 6 processors. The new systems offer up to 2.5 times increased core count and improved performance per watt compared to previous generations.

The company introduced the SYS-112D series, including the SYS-112D-36C-FN3P with 36 P-cores and the telco-optimized SYS-112D-42C-FN8P. These systems support up to 512GB of DDR5 memory and feature enhanced AI acceleration capabilities.

Additionally, Supermicro launched two compact systems - SYS-E201-14AR and SYS-E300-14AR - powered by 15th Gen Intel Core Ultra processors with up to 24 cores and built-in NPU AI accelerators. The company also expanded its 2U Edge AI product family with the SYS-212B-FLN2T, supporting up to 6 single-width GPU accelerators in a short-depth form factor.

Supermicro (NASDAQ: SMCI) has announced plans for a third campus in Silicon Valley, marking a significant expansion of its manufacturing capacity. The first building will span over 300,000 square feet, with the completed campus expected to reach nearly 3 million square feet.

The expansion aims to accelerate the company's liquid-cooled and Data Center Building Block Solutions®. Currently, Supermicro can deliver 5,000 air-cooled or 2,000 liquid-cooled racks monthly. The company anticipates that up to 30% of new data centers will adopt liquid cooling solutions.

The development, set to begin construction in 2025, will create hundreds of new jobs across engineering, production, and corporate roles. With nearly 3,000 local employees already in San Jose, this expansion reinforces Supermicro's position as the leading IT manufacturer headquartered in the USA.

Super Micro Computer (SMCI) has successfully regained compliance with Nasdaq Listing Rule 5250(c)(1) following the filing of its delayed financial reports. The company received confirmation from Nasdaq on February 25, 2025, that it now meets the timely filing requirements for reports with the U.S. Securities and Exchange Commission.

Prior to this, SMCI had received a non-compliance notification from Nasdaq on February 21, 2025, due to delays in filing its Q2 FY2025 Form 10-Q, FY2024 Form 10-K, and Q1 FY2025 Form 10-Q. The company has now filed all required periodic reports and is current with its Securities Exchange Act reporting obligations.

Super Micro Computer (NASDAQ: SMCI) has successfully filed its Annual Report on Form 10-K for fiscal 2024 and Quarterly Reports on Form 10-Q for the first and second quarters of fiscal 2025. The company has achieved a significant milestone by becoming current with its SEC financial reporting obligations, with no restatements of previously filed financial statements required.

The company has officially regained compliance with NASDAQ filing requirements, and the matter is now closed. CEO Charles Liang emphasized that Supermicro will focus on executing its growth strategy through technology innovation, time-to-market advantage, global footprint, and green computing initiatives.

The company is making substantial investments in engineering, sales, finance, accounting, compliance, and operations to achieve its mission in DLC and Data Center Building Block Solution (Supermicro 4.0), while positioning itself at the forefront of the AI revolution.

Super Micro Computer (SMCI) has announced the pricing of $700.0 million of new 2.25% Convertible Senior Notes due 2028 and amended terms for existing $1.725 billion Convertible Notes due 2029. The new notes will have an initial conversion rate of 16.3784 shares per $1,000 principal amount, equivalent to a conversion price of $61.06 per share, representing a 50% premium over the reference price of $40.7040.

The amended existing notes will bear a 3.50% annual interest rate and have a conversion rate of 11.9842 shares per $1,000, equivalent to $83.44 per share, representing a 105% premium over the reference price. Both transactions are expected to close around February 20, 2025. The company plans to use the proceeds for general corporate purposes, including working capital for growth and business expansion.

Super Micro Computer (NASDAQ: SMCI) has announced private agreements to issue $700.0 million of new 2.25% Convertible Senior Notes due 2028 and amend its existing 0.00% Convertible Senior Notes due 2029. The new notes will bear 2.25% annual interest, while amended notes will carry 3.50% interest.

The conversion price for new notes will be set at a 50% premium over the volume-weighted average stock price on February 12, 2025, while amended notes will have a 105% premium. Both transactions are expected to close around February 20, 2025. The company plans to use proceeds for general corporate purposes, including working capital for growth and business expansion.

The new notes will mature on July 15, 2028, with potential early redemption after March 1, 2026. Holders can require company repurchase upon fundamental changes at 100% principal plus accrued interest.

Supermicro (SMCI) has released preliminary Q2 FY2025 financial results, expecting net sales between $5.6-5.7 billion, representing 54% year-over-year growth. The company projects GAAP gross margin of 11.8-11.9% and GAAP diluted EPS of $0.50-0.52.

For Q3 FY2025, Supermicro forecasts net sales of $5.0-6.0 billion with GAAP EPS of $0.36-0.53. The company has revised its FY2025 revenue guidance from $26-30 billion to $23.5-25 billion.

The company reports approximately $1.4 billion in cash and cash equivalents and total debt of $1.9 billion as of December 31, 2024. Supermicro expects to file its delayed Annual Report and Quarterly Reports by February 25, 2025, and is currently cooperating with DOJ and SEC document requests following a short seller report.

Supermicro announces full production availability of its end-to-end AI data center solutions powered by the NVIDIA Blackwell platform. The company introduces new air-cooled and liquid-cooled systems featuring the NVIDIA HGX B200 8-GPU architecture with enhanced cooling capabilities.

The new liquid-cooled 4U system includes improved cold plates and a 250kW cooling distribution unit, doubling the previous generation's cooling capacity. The rack-scale design supports configurations of 42U, 48U, or 52U, enabling up to 96 NVIDIA Blackwell GPUs in a 52U rack.

The air-cooled 10U system features a redesigned chassis supporting eight 1000W TDP Blackwell GPUs, delivering up to 15x inference and 3x training performance. The SuperCluster designs incorporate NVIDIA networking solutions, enabling scalable units of up to 768 GPUs in nine racks.