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 Inc (NASDAQ: SMCI) delivers cutting-edge server solutions for data centers and enterprise computing. This news hub provides investors and technology professionals with essential updates on the company's innovations in high-performance computing and green data center solutions.
Access official press releases covering product launches, financial results, and strategic partnerships. Our curated news collection enables efficient tracking of SMCI's advancements in modular server design, liquid cooling systems, and AI infrastructure development. Stay informed about enterprise IT trends through verified updates on the company's energy-efficient computing solutions.
Key updates include earnings announcements, technology collaborations, and market expansion initiatives. Bookmark this page for direct access to SMCI's latest developments in server architecture and data center optimization. Check regularly for authoritative updates on the company's progress in sustainable computing solutions.
Supermicro (Nasdaq: SMCI) has appointed Susie Giordano to its board of directors. Giordano brings over 25 years of experience advising executive management and board directors on various topics, including strategy, compliance, and corporate governance. She previously worked at Intel for about 11 years, serving as interim general counsel and holding roles at Intel Capital. Giordano's extensive background includes positions at Deal Fusion, Sun Microsystems, and Aeris IoT SaaS.
Charles Liang, Supermicro's Board Chairman, expressed excitement about Giordano's appointment, highlighting her extensive executive management experience in large technology companies. Giordano's expertise spans areas such as M&A, securities, shareholder engagement, and treasury matters. Her diverse experience is expected to contribute to Supermicro's future growth.
Supermicro (Nasdaq: SMCI), a Total IT Solution Provider for AI, Cloud, Storage and 5G/Edge, has announced its participation in four upcoming investor events. These include:
- Rosenblatt 4th Annual Virtual Tech Summit on August 19, 2024 (virtual, 1x1's only)
- Deutsche Bank 2024 Technology Conference on August 28, 2024 in Dana Point, CA (1x1's only)
- Citi's 2024 Global TMT Conference on September 4, 2024 in New York, NY (Fireside chat at 8:20 am ET)
- Goldman Sachs Communacopia + Technology Conference on September 9, 2024 in San Francisco, CA (Fireside chat at 3:05 pm PT)
These events provide opportunities for investors to engage with Supermicro and gain insights into the company's strategies and performance.
Supermicro (SMCI) announces its 5th Annual Open Storage Summit '24, starting August 13, 2024. This virtual event features 7 sessions with 17 leading storage technology partners and 30 speakers, discussing best practices and new developments in storage for AI, CSP, HPC, HCI, and other workloads. The summit spans three weeks, from August 13 to August 29, covering topics such as AI data pipelines, media storage workflows, hyperconverged infrastructure, hyperscale AI, storage architecture decisions, high-performance computing, and CXL technology. Participants include industry leaders like NVIDIA, AMD, Intel, Nutanix, Micron, and others, focusing on addressing today's top storage-related challenges and emerging technologies.
Supermicro (NASDAQ: SMCI) reported strong financial results for Q4 and full fiscal year 2024. Q4 highlights include:
- Net sales of $5.31 billion, up from $3.85 billion in Q3 and $2.18 billion year-over-year
- Gross margin of 11.2%, down from 15.5% in Q3 and 17.0% year-over-year
- Net income of $353 million, down from $402 million in Q3 but up from $194 million year-over-year
- Diluted EPS of $5.51, down from $6.56 in Q3 but up from $3.43 year-over-year
For fiscal year 2024, net sales reached $14.94 billion, a 110% increase year-over-year. The company announced a 10-for-1 stock split effective October 1, 2024. Supermicro expects Q1 FY2025 net sales between $6.0-$7.0 billion and projects FY2025 net sales of $26.0-$30.0 billion.
Supermicro (NASDAQ: SMCI) has launched a new SuperCluster for NVIDIA Omniverse, expanding its AI infrastructure solutions. This plug-and-play system features up to 256 NVIDIA L40S PCIe GPUs per scalable unit, optimized for large-scale 3D and AI workloads. The SuperCluster is built on Supermicro's NVIDIA OVX systems, offering high performance and scalability for enterprises.
Key features include:
- Fully interconnected 4U PCIe GPU NVIDIA-Certified Systems
- 400Gb/s high-performance network fabric
- Customizable configurations from 4 GPUs to 256 GPUs
- Support for NVIDIA Spectrum-X Ethernet
- Validated rack solutions tested at L12 level
The SuperCluster aims to simplify deployment of scale-out infrastructure for combined 3D and AI workloads, catering to professionals in product design, industrial digital twins, and other compute-intensive 3D applications.
Super Micro Computer (Nasdaq: SMCI), a leading IT Solution Provider for AI, Cloud, Storage, and 5G/Edge, announced it will release its fiscal 2024 fourth quarter and full year financial results on August 6, 2024. The results will be discussed in a live audio webcast at 5:00 p.m. ET / 2:00 p.m. PT, accessible at Supermicro's Investor Relations website. A replay of the webcast will be available shortly after the call and accessible for one year.
Supermicro (NASDAQ: SMCI) has been selected to join the prestigious Nasdaq 100 Index, a significant milestone recognizing the company's innovation, growth, and market capitalization. This inclusion underscores Supermicro's impact in the AI, Cloud, Storage, and 5G/Edge sectors.
Key highlights:
- Supermicro recently joined the S&P 500
- The company has seen explosive revenue growth year-over-year
- Continuous investment in technology and customer-centric solutions
- Expansion of manufacturing facilities to meet growing demand
- Leading DLC solutions aim to grow market share from 1% to 30% in one year
CEO Charles Liang emphasized the company's focus on first-to-market innovation, green computing, leading the emerging AI market, and sustainable growth while creating long-term shareholder value.
Supermicro (NASDAQ: SMCI) is expanding its manufacturing footprint by adding three new facilities in Silicon Valley and globally to meet the growing demand for AI and enterprise rack scale liquid-cooled solutions.
The expansion aims to double the current production capacity of liquid-cooled AI SuperClusters, which currently stands at 1,000 units per month.
These new facilities will focus on delivering comprehensive liquid-cooled solutions, which offer up to 40% lower operational expenses and reduced environmental impact compared to traditional air-cooled data centers.
Supermicro's advanced liquid-cooled technology enhances AI compute performance per watt, and the company expects liquid-cooled data centers to grow from less than 1% to up to 30% of all data center installations in the next two years.
The facilities will also support high-performance NVIDIA GPU-based servers and other cutting-edge technologies optimized for liquid cooling.
Supermicro has announced the launch of plug-and-play liquid-cooled AI SuperClusters optimized for NVIDIA's Blackwell and HGX H100/H200 GPUs.
These SuperClusters promise significant performance improvements, offering up to 20 PetaFLOPS on a single GPU, 4X better AI training, and 30X better inference performance compared to previous GPUs. The new systems, designed for rapid deployment in AI data centers, are integrated with NVIDIA AI Enterprise and NIM microservices.
Supermicro's solutions aim to reduce data center power usage by up to 40%, making liquid cooling virtually free. At COMPUTEX 2024, new systems featuring NVIDIA Blackwell GPUs, including 10U air-cooled and 4U liquid-cooled options, will be showcased.
Supermicro’s AI SuperClusters leverage NVIDIA AI Enterprise for seamless, scalable AI deployment, supporting various generative AI models. These systems are tailored for LLM training, deep learning, and high-volume inference, providing enterprises with efficient, easy-to-deploy AI infrastructure.
Supermicro has unveiled its new X14 server portfolio at Computex 2024, featuring the latest Intel Xeon 6700-series processors with E-cores, and future support for Intel Xeon 6900-series processors with P-cores. These systems are designed for AI, Cloud, Storage, and 5G/Edge applications, offering enhanced performance, efficiency, and customization.
The X14 servers include rackmount, multi-node, and edge servers, with key models like SuperBlade, BigTwin, and GrandTwin incorporating the new processors. The launch promises up to 2-3x better AI workload performance and 2.8x higher memory bandwidth compared to previous generations.
The new systems also feature liquid cooling solutions to increase efficiency and reduce TCO. Additionally, the portfolio supports the OCP Data Center Modular Hardware System (DC-MHS), enhancing manageability and maintenance. With a production capacity of 5,000 racks per month, Supermicro aims to deliver these high-performance, energy-efficient systems globally.
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