Super Micro Computer, Inc., together with its subsidiaries, develops and manufactures high-performance server and storage solutions based on modular and open architecture. Its solutions range from complete server, storage, modular blade servers, blades, workstations, full racks, networking devices, server management software, and server sub-systems, as well as support and services. The company also provides a range of application-optimized server solutions, including rackmount and blade servers, storage systems, and subsystems and accessories; and server software management solutions, such as Server Management Suite, including Supermicro Server Manager, Supermicro Power Management software, Supermicro Update Manager, and SuperDoctor 5. In addition, it offers server subsystems and accessories comprising server boards, chassis, power supplies, and other accessories. Further, the company provides server and storage system integration, configuration, and software upgrade and update services; and technical documentation services, as well as identifies service requirements, creates and executes project plans, and conducts verification testing and training services. Additionally, it offers help desk and on-site product support services for its server and storage systems; and customer support services, including ongoing maintenance and technical support for its products. The company provides its products to enterprise data centers, cloud computing, artificial intelligence, and 5G and edge computing markets. It sells its products through direct sales force, distributors, value-added resellers, system integrators, and original equipment manufacturers. The company has operations primarily in the United States, Europe, Asia, and internationally. Super Micro Computer, Inc. was founded in 1993 and is headquartered in San Jose, California.
IPO Year: 2020
Exchange: NASDAQ
Website: supermicro.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/18/2024 | $600.00 | Buy | Needham |
| 9/17/2024 | $450.00 | Neutral | Mizuho |
| 9/6/2024 | $950.00 → $500.00 | Overweight → Neutral | JP Morgan |
| 9/4/2024 | $693.00 → $438.00 | Overweight → Equal Weight | Barclays |
| 8/7/2024 | $1090.00 → $700.00 | Buy → Neutral | BofA Securities |
| 7/10/2024 | $930.00 | Buy → Neutral | Nomura |
| 4/24/2024 | Sector Weight | KeyBanc Capital Markets | |
| 3/25/2024 | $1150.00 | Overweight | JP Morgan |
| 3/6/2024 | $1350.00 | Buy | Argus |
| 3/4/2024 | $941.00 | Neutral | Goldman |
Taiwan’s Premier Cho Jung-tai has announced a sweeping economic and social reform plan, aiming to attract nearly $100 billion in investments. This comes after former President Donald Trump said “Taiwan should pay us for defense.” What Happened: The reform plan would focus on energy, artificial intelligence, and infrastructure. The strategy includes appealing to Taiwanese investors disillusioned with conducting business in China, a trend the government aims to capitalize on, said Premier Cho in an interview with Nikkei Asia. The plan is in line with President Lai Ching-te‘s vision of a “smarter, forward-looking sustainability,” exploring ocean and space industries, and enhancing Taiwan’
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. Below are some instances of options activity happening in the Information Technology sector: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume TSM CALL SWEEP BEARISH 11/15/24 $175.00 $218.2K 1.3K 76.6K NVDA PUT SWEEP
Meta Platforms Inc (NASDAQ:META) founder and CEO Mark Zuckerberg decided in 2021 to invest billions of dollars into the metaverse and change the company's name from Facebook to Meta, aiming to dominate the augmented reality space. Zuckerberg now set his sights on a different technological, futuristic landscape: artificial intelligence.Since OpenAI, led by Sam Altman, released ChatGPT in late 2022, Wall Street has been enamored with AI and its potential to reshape various industries. So far, the clear winners have been chipmakers behind the hardware necessary to run AI programs, such as NVIDIA Corp (NASDAQ:NVDA), Super Micro Computer Inc (NASDAQ:SMCI), as well as other chip names.But, soo
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. Below are some instances of options activity happening in the Information Technology sector: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume CRWD PUT TRADE BEARISH 07/26/24 $260.00 $41.4K 2.5K 10.9K NVDA CALL SWEEP
Financial giants have made a conspicuous bearish move on Super Micro Computer. Our analysis of options history for Super Micro Computer (NASDAQ:SMCI) revealed 22 unusual trades. Delving into the details, we found 40% of traders were bullish, while 50% showed bearish tendencies. Out of all the trades we spotted, 12 were puts, with a value of $495,180, and 10 were calls, valued at $389,548. Projected Price Targets After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $600.0 and $1320.0 for Super Micro Computer, spanning the last three months. Insights into Volume & Open Interest In today's trading context, the ave
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. Below are some instances of options activity happening in the Information Technology sector: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume NVDA CALL SWEEP BULLISH 07/26/24 $125.00 $211.5K 43.0K 138.7K AAPL CALL SW
These eleven large-cap stocks were the worst performers in the last week. Are they in your portfolio? LPL Financial Holdings Inc. (NASDAQ:LPLA) shares tumbled 20.16%. The company announced that financial advisor Alex Williams, CFP, has joined its broker-dealer, RIA, and custodial platforms to launch a new independent practice, Stable Wealth. Advanced Micro Devices (NASDAQ:AMD) stock decreased 17.82%. Shares of semiconductor and hardware stocks are trading lower amid a selloff in the sector, which has gained this year amid AI momentum. Domino’s Pizza Inc (NYSE:DPZ) stock dived 17.78% after the company reported mixed Q2 results. Several analysts cut the price target on the stock.
Taiwan Semiconductor Manufacturing Co (NYSE:TSM) saw its shares decline Friday despite reporting substantial second-quarter profits following a verbal attack from former President Donald Trump. Trump questioned the U.S. obligation to defend Taiwan, flagging the lack of a formal defense treaty between the U.S. and Taiwan, unlike with South Korea and Japan, the Financial Times reports. Taiwan Semiconductor stock lost over 6% so far this week. The key Nvidia Corp (NASDAQ:NVDA) supplier announced a net profit of $7.6 billion for the June quarter, surpassing market expectations as continued artificial intelligence demand translates into tailwinds. It also projected a more than one-th
Shares of Super Micro Computer, Inc. (NASDAQ:SMCI) are trading lower on Thursday. The decline is part of a broader selloff in the semiconductor and hardware sectors, which have been experiencing volatility despite gaining momentum earlier this year due to advancements in AI technology. What’s Going On: Super Micro Computer gained attention earlier this week following the announcement that it will join the Nasdaq-100 Index and the Nasdaq-100 Equal Weighted Index, replacing Walgreens Boots Alliance Inc. CEO Charles Liang discussed the company’s environmentally friendly initiatives and AI-driven growth prospects in an interview with CNBC’s Jim Cramer. Liang emphasized the potential of the
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Super Micro Computer, Inc. (NASDAQ:SMCI), a Total IT Solution Provider for AI, Cloud, Storage and 5G/Edge, today announced fourth quarter and full-year financial results for fiscal year 2024 ended June 30, 2024. Fourth Quarter of Fiscal Year 2024 Highlights Net sales of $5.31 billion versus $3.85 billion in the third quarter of fiscal year 2024 and $2.18 billion in the same quarter of last year. Gross margin of 11.2% versus 15.5% in the third quarter of fiscal year 2024 and 17.0% in the same quarter of last year. Net income of $353 million versus $402 million in the third quarter of fiscal year 2024 and $194 million in the same quarter of last year. Diluted net income per c
Super Micro Computer, Inc. (NASDAQ:SMCI), a Total IT Solution Provider for AI, Cloud, Storage and 5G/Edge, today announced it will present a live audio webcast of a conference call to review its fiscal 2024 fourth quarter and full year financial results on Tuesday, August 6, 2024 at 5:00 p.m. ET / 2:00 p.m. PT. The webcast will be available at https://ir.supermicro.com. A replay of the webcast will be available shortly after the call at the same website and will remain accessible for one year. About Super Micro Computer, Inc. Supermicro (NASDAQ:SMCI) is a global leader in Application-Optimized Total IT Solutions. Founded and operating in San Jose, California, Supermicro is committed
Super Micro Computer, Inc. (NASDAQ:SMCI), a Total IT Solution Provider for AI, Cloud, Storage and 5G/Edge, today announced financial results for its third quarter of fiscal year 2024 ended March 31, 2024. Third Quarter Fiscal Year 2024 Highlights Net sales of $3.85 billion versus $3.66 billion in the second quarter of fiscal year 2024 and $1.28 billion in the same quarter of last year. Gross margin of 15.5% versus 15.4% in the second quarter of fiscal year 2024 and 17.6% in the same quarter of last year. Net income of $402 million versus $296 million in the second quarter of fiscal year 2024 and $86 million in the same quarter of last year. Diluted net income per common share
Super Micro Computer, Inc. (NASDAQ:SMCI), a Total IT Solution Provider for AI, Cloud, Storage and 5G/Edge, today announced it will present a live audio webcast of a conference call to review its third quarter fiscal 2024 financial results on Tuesday, April 30, 2024 at 5:00 p.m. ET / 2:00 p.m. PT. The webcast will be available at https://ir.supermicro.com. A replay of the webcast will be available shortly after the call at the same website and will remain accessible for one year. About Super Micro Computer, Inc. Supermicro (NASDAQ:SMCI) is a global leader in Application-Optimized Total IT Solutions. Founded and operating in San Jose, California, Supermicro is committed to delivering
Super Micro Computer, Inc. (NASDAQ:SMCI), a Total IT Solution Provider for AI, Cloud, Storage and 5G/Edge, today announced financial results for its second quarter of fiscal year 2024 ended December 31, 2023. Second Quarter Fiscal Year 2024 Highlights Net sales of $3.66 billion versus $2.12 billion in the first quarter of fiscal year 2024 and $1.80 billion in the same quarter of last year. Gross margin of 15.4% versus 16.7% in the first quarter of fiscal year 2024 and 18.7% in the same quarter of last year. Net income of $296 million versus $157 million in the first quarter of fiscal year 2024 and $176 million in the same quarter of last year. Diluted net income per common sha
Expects to Exceed Prior Financial Guidance Supermicro, (NASDAQ:SMCI), a Total IT Solution Manufacturer for AI, Cloud, Storage and 5G/Edge, today announced preliminary financial results for the second quarter of fiscal year 2024, ended December 31, 2023. With a strong market and end customer demand for our rack-scale, AI and Total IT Solutions, Supermicro anticipates the following results: Expected Range Prior Guidance Net Sales $3.6B to $3.65B $2.7B to $2.9B GAAP diluted net income per common share $4.90 to $5.05 $3.75 to $4.24 Non-GAAP diluted net income per common share $5.40 to $5.55 $4.40 to $4.88
Super Micro Computer, Inc. (NASDAQ:SMCI), a Total IT Solution Manufacturer for AI, Cloud, Storage and 5G/Edge, today announced financial results for its first quarter of fiscal year 2024 ended September 30, 2023. First Quarter Fiscal Year 2024 Highlights Net sales of $2.12 billion versus $2.18 billion in the fourth quarter of fiscal year 2023 and $1.85 billion in the same quarter of last year. Gross margin of 16.7% versus 17.0% in the fourth quarter of fiscal year 2023 and 18.8% in the same quarter of last year. Net income of $157 million versus $194 million in the fourth quarter of fiscal year 2023 and $184 million in the same quarter of last year. Diluted net income per c
Supermicro, Inc. (NASDAQ:SMCI), a Total IT Solution Manufacturer for AI, Cloud, Storage, and 5G/Edge, today announced it will release first quarter fiscal 2024 financial results in a press release on Wednesday, November 1, 2023, after the close of regular trading. The Company will hold a webcast to discuss these results with investors and financial analysts beginning at 2:00 p.m. Pacific Time (PDT). Those wishing to access the live webcast may use the following link: https://events.q4inc.com/attendee/484918945 A replay of the webcast will be available shortly after the call on the Investor Relations section of the Company's website (https://ir.supermicro.com) and will remain accessible
Super Micro Computer, Inc. (NASDAQ:SMCI), a Total IT Solution Provider for Cloud, AI/ML, Storage, and 5G/Edge, today announced fourth quarter and full-year financial results for fiscal year 2023 ended June 30, 2023. Fourth Quarter of Fiscal Year 2023 Highlights Net sales of $2.18 billion versus $1.28 billion in the third quarter of fiscal year 2023 and $1.64 billion in the same quarter of last year. Gross margin of 17.0% versus 17.6% in the third quarter of fiscal year 2023 and 17.6% in the same quarter of last year. Net income of $194 million versus $86 million in the third quarter of fiscal year 2023 and $141 million in the same quarter of last year. Diluted net income per c
Supermicro (NASDAQ:SMCI), a Total IT Solution Provider for Cloud, AI/ML, Storage, and 5G/Edge, announces preliminary financial results for the fourth quarter of fiscal year 2023, ended June 30, 2023, and schedules earnings call for August 8, 2023. Supermicro continues to experience record design wins, orders and fast growing backlog. We expect the following Q4 results: Expected Range Prior Guidance Net Sales $2.15B to $2.18B $1.7B to $1.9B GAAP diluted net income per common share $3.25 to $3.35 $2.13 to $2.65 Non-GAAP diluted net income per common share $3.35 to $3.45 $2.21 to $2.71 This unaudite
Needham initiated coverage of Super Micro Computer with a rating of Buy and set a new price target of $600.00
Mizuho initiated coverage of Super Micro Computer with a rating of Neutral and set a new price target of $450.00
JP Morgan downgraded Super Micro Computer from Overweight to Neutral and set a new price target of $500.00 from $950.00 previously
Barclays downgraded Super Micro Computer from Overweight to Equal Weight and set a new price target of $438.00 from $693.00 previously
BofA Securities downgraded Super Micro Computer from Buy to Neutral and set a new price target of $700.00 from $1,090.00 previously
Nomura downgraded Super Micro Computer from Buy to Neutral and set a new price target of $930.00
KeyBanc Capital Markets initiated coverage of Super Micro Computer with a rating of Sector Weight
JP Morgan initiated coverage of Super Micro Computer with a rating of Overweight and set a new price target of $1,150.00
Argus initiated coverage of Super Micro Computer with a rating of Buy and set a new price target of $1,350.00
Goldman initiated coverage of Super Micro Computer with a rating of Neutral and set a new price target of $941.00
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New Supermicro Systems Enable Customers to Upgrade and Consolidate Data Centers for AI Workloads SAN JOSE, Calif., Oct. 10, 2024 /PRNewswire/ -- Supermicro, Inc. (NASDAQ:SMCI), a Total IT Solution Provider for AI, Cloud, Storage, and 5G/Edge, announces the launch of a new series of servers, GPU-accelerated systems, and storage servers featuring the AMD EPYC™ 9005 Series processors and AMD Instinct™ MI325X GPUs. The new H14 product line represents one of the most extensive server families in the industry, including Supermicro's Hyper systems, the Twin multi-node servers, and AI inferencing GPU systems, all available with air or liquid cooling options. The new "Zen5" processor core architect
New 3U Server Supports up to 18 GPUs and Features Dual Intel® Xeon® 6900 series processors with P-cores SAN JOSE, Calif., Oct. 8, 2024 /PRNewswire/ -- Super Micro Computer, Inc. (SMCI), a Total IT Solution Provider for AI, Cloud, Storage, and 5G/Edge, announces the launch of a new, versatile, high-density infrastructure platform optimized for AI inferencing at the network edge. As companies seek to embrace complex large language models (LLM) in their daily operations, there is a need for new hardware capable of inferencing high volumes of data in edge locations with minimal latency. Supermicro's innovative system combines versatility, performance, and thermal efficiency to deliver up to 10 d
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 solution that includes powerful Coolant Distribution Units (CDUs), cold plates, Coolant Distribution Manifolds (CDMs), cooling towers and end to end management software. This complete solution red
Companies combine engineering and design expertise for next generation systems supporting Gen AI and HPC workloads for on-prem and cloud data centers and the promotion of green IT KAWASAKI, Japan and SAN JOSE, Calif., Oct. 2, 2024 /PRNewswire/ -- Fujitsu Limited and Supermicro, Inc. (NASDAQ:SMCI), today announced they will collaborate to establish a long-term strategic engagement in technology and business, to develop and market a platform with Fujitsu's future Arm-based "FUJITSU-MONAKA" processor that is designed for high-performance and energy efficiency and targeted for release in 2027. In addition, the two companies will also collaborate on developing liquid-cooled systems for HPC, Gen
More than 15 Product Families of Completely Upgraded Servers Optimized for Maximum Performance or Efficiency, Featuring Next-Generation GPU Support, Higher-Bandwidth Memory, 400GbE Networking, E1.S and E3.S Drives, and Direct-to-Chip Liquid Cooling Support, and are Based on the New Intel® Xeon® 6900 Series Processors with P-Cores and Intel Xeon 6700 Series Processors with E-cores SAN JOSE, Calif., Sept. 24, 2024 /PRNewswire/ -- Supermicro, Inc. (NASDAQ:SMCI) a Total IT Solution Provider for AI/ML, HPC, Cloud, Storage, and 5G/Edge, today adds new maximum performance GPU, multi-node, and rackmount systems to the X14 portfolio, which are based on the Intel Xeon 6900 Series Processors with P-Cor
Super Micro Computer, Inc. (NASDAQ:SMCI) ("SMCI" or the "Company"), a Total IT Solution Provider for AI, Cloud, Storage and 5G/Edge, today announced that the Company received a notification letter from Nasdaq stating that the Company is not in compliance with Nasdaq listing rule 5250(c)(1), which requires timely filing of reports with the U.S. Securities and Exchange Commission. The September 17, 2024 letter was sent as a result of the Company's delay in filing its Annual Report on Form 10-K for the period ending June 30, 2024 (the "Form 10-K"). The Form 10-K was due on August 29, 2024. The Company filed a Form 12b-25 on August 30, 2024. The Nasdaq notice has no immediate effect on the lis
The New Rack-Scale Ready FlexTwin™ Systems Deliver Unprecedented Compute-Density in a Multi-Node Form Factor, with DLC dual CPUs up to 500W Each per Node, Front Node Access and Optimized Networking SAN JOSE, Calif., Sept. 19, 2024 /PRNewswire/ -- Supermicro, Inc. (NASDAQ:SMCI) a Total IT Solution Provider for AI/ML, HPC, Cloud, Storage, and 5G/Edge is announcing the all-new FlexTwin family of systems which has been designed to address the needs of scientists, researchers, governments, and enterprises undertaking the world's most complex and demanding computing tasks. Featuring flexible support for the latest CPU, memory, storage, power and cooling technologies, FlexTwin is purpose-built to
A Complete Architecture Upgrade that Includes New Performance-Optimized CPUs, Next-Generation GPU support, Upgraded Memory MRDIMMs, 400GbE Networking, New Storage Options Including E1.S and E3.S drives, and Direct-to-Chip Liquid Cooling, based on the Upcoming Intel® Xeon® 6900 Series Processors with P-Cores (formerly codenamed Granite Rapids-AP) Supporting Demanding Workloads SAN JOSE, Calif., Aug. 28, 2024 /PRNewswire/ -- Supermicro, Inc. (NASDAQ:SMCI) a Total IT Solution Provider for AI/ML, HPC, Cloud, Storage, and 5G/Edge, is previewing new, completely re-designed X14 server platforms which will leverage next-generation technologies to maximize performance for compute-intensive workloads
Super Micro Computer, Inc. (NASDAQ:SMCI) ("SMCI" or the "Company"), a Total IT Solution Provider for AI, Cloud, Storage and 5G/Edge, today announced that it expects that it will not timely file its Annual Report on Form 10-K for the fiscal year ended June 30, 2024 (the "Annual Report") and expects to file a Notification of Late Filing on Form 12b-25 with respect to the Annual Report on August 30, 2024. SMCI is unable to file its Annual Report within the prescribed time period without unreasonable effort or expense. Additional time is needed for SMCI's management to complete its assessment of the design and operating effectiveness of its internal controls over financial reporting as of June
Super Micro Computer, Inc. (NASDAQ:SMCI), a Total IT Solution Provider for AI, Cloud, Storage and 5G/Edge, announces the appointment of Susie Giordano to the board of directors. "The Board of Directors and I are excited that Susie Giordano has joined Supermicro as a Director," said Charles Liang, chairman of Supermicro's Board of Directors. "Susie has decades of extensive executive management experience leading both internal and external functions for several large technology companies and we look forward to her contributions to our future growth." Ms. Giordano has over 25 years of experience advising executive management and board directors on a wide range of topics, including strategy
Super Micro Computer, Inc. (NASDAQ:SMCI), a Total IT Solution Provider for AI, Cloud, Storage and 5G/Edge, announces the appointment of Susie Giordano to the board of directors. "The Board of Directors and I are excited that Susie Giordano has joined Supermicro as a Director," said Charles Liang, chairman of Supermicro's Board of Directors. "Susie has decades of extensive executive management experience leading both internal and external functions for several large technology companies and we look forward to her contributions to our future growth." Ms. Giordano has over 25 years of experience advising executive management and board directors on a wide range of topics, including strategy
Consistent Expansion, Technology Leadership, and Commitment to Excellence for Top-Tier Clients Propels USA Manufacturer Supermicro to the Nasdaq 100 Index Supermicro, Inc. (NASDAQ:SMCI), a Total IT Solution Provider for AI, Cloud, Storage, and 5G/Edge, has been selected to join the renowned Nasdaq 100 Index, which tracks 100 of the largest non-financial companies listed on the Nasdaq, requiring companies to maintain a weighting of at least 0.1% of the index's value. After hitting record highs recently, the Nasdaq 100 index underscores a company's significant impact, profitability, and leadership. This press release features multimedia. View the full release here: https://www.businesswire
NEW YORK, July 12, 2024 (GLOBE NEWSWIRE) -- Nasdaq (NASDAQ:NDAQ) today announced that Super Micro Computer Inc. (NASDAQ:SMCI), will become a component of the Nasdaq-100 Index® (NASDAQ:NDX) and the Nasdaq-100 Equal Weighted™ Index (NASDAQ:NDXE) prior to market open on Monday, July 22, 2024. Super Micro Computer Inc. will replace Walgreens Boots Alliance Inc. (NASDAQ:WBA) in the Nasdaq-100 Index® and the Nasdaq-100 Equal Weighted Index. Walgreens Boots Alliance Inc. will also be removed from the Nasdaq-100 Ex-Tech Sector™ Index (NASDAQ:NDXX), the Nasdaq-100 ESG™ Index (NASDAQ:NDXESG), and the Nasdaq-100 Sustainable ESG Select™ Index (NASDAQ:NDXSES) on the same date. Super Micro Computer Inc
Supermicro's Growing Portfolio of Green Computing Systems Supporting Artificial Intelligence, Top-Tier Customers, and Global Expansion Propels Supermicro to the S&P 500 Stock Index Super Micro Computer, Inc. (NASDAQ:SMCI), a Total IT Solution Provider for Cloud, AI/ML, Storage, and 5G/Edge, has been selected to join the Standard and Poor's 500 (S&P 500) Index, which tracks 500 of the most valuable companies traded on the U.S. stock exchanges. This index reflects a broad range of for-profit organizations that have demonstrated global value and are expected to be leaders in their respective segments over the following decades. This press release features multimedia. View the full release h
NEW YORK, March 1, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P 100, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, March 18, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed
Super Micro Computer, Inc. (NASDAQ:SMCI), a Total IT Solution Manufacturer for AI, Cloud, Storage and 5G/Edge, today announced the appointment of Yih-Shyan (Wally) Liaw to the Board of Directors. "I am pleased to announce that Wally Liaw has been appointed to Supermicro's Board as a Director," said Charles Liang, President and CEO. "As a Co-founder of Supermicro, Wally has excelled in leading Supermicro efforts in Strategic Business Development and Corporate Growth initiatives, and we look forward to his future contributions." Mr. Liaw co-founded the Company in 1993. From the Company's founding until January 2018, Mr. Liaw was an employee and held various executive positions in the Comp
Supermicro (NASDAQ:SMCI), a Total IT Solution Provider for Cloud, AI/ML, Storage, and 5G/Edge, announces the appointment of Robert Blair to the Board of Directors. "The Board of Directors and I are excited that Robert Blair has joined Supermicro as a Director," said Charles Liang, chairman of Supermicro's Board of Directors. "Robert has extensive experience as a CEO successfully leading teams and driving product innovation in new technology markets, and we look forward to his contributions to our future growth." Mr. Blair was President and Chief Executive Officer of ESS Technology, Inc. ("ESS"), a fabless semiconductor company, for 19 years from September 1999 through July 2018, where he
Judy Lin, Technology and Operations Executive, Joins Board Super Micro Computer, Inc. (SMCI), a global leader in enterprise computing, storage, networking solutions, and green computing technology, has announced the appointment of Judy Lin to the Board of Directors. "The Board of Directors and I are excited to announce that Judy Lin has joined Supermicro as a Director," said Charles Liang, chairman of Supermicro's Board of Directors. "Judy is an accomplished technology leader who brings global product management and operations experience to the Board. Julie's appointment significantly strengthens and adds diversity to the Board, and I look forward to working with her as we focus on positi
SAN JOSE, Calif.--(BUSINESS WIRE)--Super Micro Computer, Inc. (Nasdaq: SMCI), a global leader in high-performance, high-efficiency server and storage technology and green computing, today announced financial results for its second quarter of fiscal year 2021 ended December 31, 2020. Second Quarter Fiscal Year 2021 Highlights Net sales of $830 million versus $762 million in the first quarter of fiscal year 2021 and $871 million in the same quarter of last year. Gross margin of 16.4% versus 17.0% in the first quarter of fiscal year 2021 and 15.9% in the same quarter of last year. Net income of $28 million versus $27 million in the first quarter of fiscal year 2021 and $24 m