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Super Micro Computer Inc - SMCI STOCK NEWS

Welcome to our dedicated news page for Super Micro Computer (Ticker: SMCI), a resource for investors and traders seeking the latest updates and insights on Super Micro Computer.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Super Micro Computer's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Super Micro Computer's position in the market.

Rhea-AI Summary
Super Micro Computer, Inc. (SMCI) appoints Wally Liaw to the Board of Directors, a Co-founder with extensive experience in Strategic Business Development and Corporate Growth initiatives. Mr. Liaw's return as Senior Vice President, Business Development is a positive development for the company's future.
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management
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Supermicro, Inc. (SMCI) announces new 8-GPU systems powered by AMD Instinctâ„¢ MI300X accelerators, offering breakthrough AI and HPC performance for large-scale AI training and LLM deployments. The new systems include 2U liquid-cooled and 4U air-cooled servers with AMD Instinct MI300A APUs, delivering up to 3.4X performance improvement compared to previous generations. Supermicro's worldwide manufacturing facilities streamline the delivery of these new servers for AI and HPC convergence.
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End-of-Day
-3.63%
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AI
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Rhea-AI Summary
Super Micro Computer, Inc. (SMCI) announced the pricing of its underwritten public offering of 2,100,700 shares of its common stock at a public offering price of $262.00 per share, with expected gross proceeds of $524 million. The underwriters have a 30-day option to purchase up to an additional 315,105 shares. The offering is expected to close soon.
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-1.4%
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Rhea-AI Summary
Super Micro Computer, Inc. (SMCI) announced a proposed underwritten registered public offering of 2,100,700 shares of its common stock, with 2,000,000 shares offered by the company and 100,700 shares offered by certain selling stockholders. The underwriters may also have a 30-day option to purchase up to an additional 315,105 shares. J.P. Morgan, BofA Securities, and Goldman Sachs & Co. LLC are acting as lead book-running managers for the proposed offering. The offering is subject to market and other conditions, with no assurance of completion or the actual size or terms of the offering. A registration statement on Form S-3 has been filed with the SEC and has become effective. This press release does not constitute an offer to sell or the solicitation of an offer to buy.
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-1.4%
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Rhea-AI Summary
SiMa.ai announces strategic partnership with Supermicro, Inc. (NASDAQ: SMCI) for integration of SiMa.ai's MLSoC with Supermicro's high-performance compact edge server, providing scalable edge ML inference for enterprise, industrial, and field deployments.
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0.71%
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Super Micro Computer, Inc. (Nasdaq: SMCI) announces participation in upcoming investor conferences, including UBS Global Technology Conference, Wells Fargo TMT Summit, and Barclays Global Tech Conference. The company will engage in 1x1 meetings and a fireside chat, focusing on AI, Cloud, Storage, and 5G/Edge solutions.
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14.88%
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conferences
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Supermicro (NASDAQ: SMCI) expands its AI reach with support for the new NVIDIA HGX H200 and Grace Hopper Superchip, offering unprecedented performance, scalability, and reliability for AI, LLM training, and HPC applications. The company introduces the industry's highest density server with liquid-cooled 8-GPU systems, reducing TCO and energy costs while delivering the highest performance AI training capacity available in a single rack.
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-3.85%
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Supermicro, Inc. (NASDAQ: SMCI) is expanding its AI and HPC rack delivery capacity and advanced liquid cooling solutions in the United States, Taiwan, the Netherlands, and Malaysia. This expansion aims to reduce the time to delivery of AI and HPC technologies with up to 100 kW/Rack, addressing the increasing demand for Supermicro's rack scale AI and HPC solution portfolio.
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1.77%
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Super Micro Computer, Inc. (SMCI) reported net sales of $2.12 billion for Q1 FY2024, a decrease from the previous quarter but an increase compared to the same quarter last year. Gross margin was 16.7%, and net income was $157 million. Diluted net income per common share was $2.75. The company's cash and cash equivalents were $543 million, and total bank debt was $146 million.
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-2.53%
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Rhea-AI Summary
Supermicro announces new GPU systems based on NVIDIA GH200 Superchip and Grace CPU Superchip
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-7.01%
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Super Micro Computer Inc

Nasdaq:SMCI

SMCI Rankings

SMCI Stock Data

52.61B
47.91M
14.35%
70.76%
5.3%
Electronic Computer Manufacturing
Manufacturing
Link
US
San Jose

About SMCI

supermicro (nasdaq: smci) is a global leader in high performance, high efficiency server technology and innovation. we develop and provide end-to-end green computing solutions to the data center, cloud computing, enterprise it, big data, high performance computing, or hpc, and embedded markets. our solutions range from complete server, storage, blade and workstations to full racks, networking devices, server management software and technology support and services. we offer our customers a high degree of flexibility and customization by providing what we believe to be the industry's broadest array of server configurations from which they can choose the optimal solution which fits their computing needs. our server systems, subsystems and accessories are architecturally designed to provide high levels of reliability, quality and scalability, thereby enabling our customers benefits in the areas of compute performance, density, thermal management and power efficiency to lower their overall