About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...

Key Takeaways Super Micro Computer shares surged Monday as the server maker reported strong shipments of its GPUs, driven by artificial intelligence (AI) demand. The server maker said it recently deployed 100,000 GPUs. with its liquid cooling technology to "some of the largest" AI factories. CEO Charles Liang said "state-of-the-art" data center operators are turning to Super Micro Computer's products to meet their technical and financial goals. Super Micro Computer (SMCI) shares soared Monday as the server ...

Super Micro Computer shares jumped 15% after the computer server company said it's shipping more than 100,000 graphics processing units used for artificial intelligence per quarter. That could translate into several billions of dollars of orders if the average price of a GPU is around the cost of Nvidia's $30,000 chip. The GPU figure was revealed in an announcement about a new cooling product unveiled by Super Micro on Monday. As one of the biggest beneficiaries of the AI boom, Super Micro makes computers t ...

Super Micro Computer (SMCI, Financial) stock surged by 12.2% today following a positive update on its sales performance. The company reported continued strength in sales despite prior concerns over accounting practices and a delayed 10-K annual report. Recently, SMCI has faced scrutiny over its profit margins and accounting protocols, leading to a 44.61% decline over the past 12 weeks. However, today's announcement has provided a much-needed boost to investor confidence, resulting in a significant uptick in ...

Despite concerns from some investors, Super Micro says its business is still flourishing. Super Micro Computer (SMCI 14.18%) stock has been under pressure for the last several months. But an update from the company had shares soaring today. Investors have been concerned about dropping profit margins, questions about accounting practices, and the delay in Supermicro filing its 10-K annual report. However, the company says sales are still robust. Those issues have sent the stock down by 44% over the past thre ...

Designed for Data Center Scale Reduction in TCO and Enabling Large AI Clusters to Perform with a Lower Energy Budget, Liquid Cooling Solution Handles the Highest Wattage Servers Containing the Latest GPUs and CPUs, Resulting in Lower Costs for AI Factories – Over 2,000 Liquid Cooled Racks Delivered Since June 2024 SAN JOSE, Calif., Oct. 7, 2024 /PRNewswire/ -- Supermicro, Inc. (NASDAQ: SMCI), a Total IT Solution Provider for Cloud, AI/ML, Storage, and 5G/Edge, is announcing a complete liquid cooling solutio ...

NEW YORK, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Super Micro Computer, Inc. (NASDAQ: SMCI) and certain of the Company's senior executives for potential violations of the federal securities laws. If you invested in Super Micro Computer, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/super-micro-computer-inc. Investors have until October 29, 2024 to ask ...

Will this recently beaten-down stock win in 2025? Super Micro Computer (SMCI -0.77%) started this year off with strength. Earnings were soaring, and in the months that followed, the S&P 500 and the Nasdaq 100 invited the stock to join. Share performance even topped that of market darling Nvidia. The stock climbed 188% in the first half of the year compared to Nvidia's 149% increase. But times have been tougher for Supermicro in recent weeks. A research firm with a short position in the stock issued a report ...

Even with some big sell-offs lately, Super Micro Computer stock is still up roughly 5,100% since its IPO. Super Micro Computer (SMCI -0.77%) had its initial public offering (IPO) in March 2007 at a price of $8 per share. The stock frequently saw volatile swings, but it started of 2020 priced at roughly $24 per share -- tripling its IPO price. While the performance came in just slightly ahead of the S&P 500's total return of 197.5% across that stretch, the stock's performance in this decade's trading has bee ...

Server company Super Micro Computer (NASDAQ: SMCI ) (NEOE: SMCI:CA ) has taken investors on a rollercoaster ride in the last year: first, shares soared on accelerating demand for AI-optimized servers, and then a short seller ignited a massive consolidation that lasts Analyst's Disclosure: I/we have a beneficial long position in the shares of SMCI, AMD, NVDA, AVGO either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving c ...