Super Micro Computer, Inc. (SMCI) is a Silicon Valley-based company specializing in accelerated compute platforms, providing high-performance and high-efficiency server and storage systems tailored for various markets such as enterprise data centers, cloud computing, artificial intelligence, 5G, and edge computing . The company offers a wide range of products under its Total IT Solutions, including complete servers, storage systems, and modular blade servers, emphasizing flexibility and customization to meet diverse computing needs . Server and storage systems are the primary revenue drivers, with subsystems and accessories also contributing to the company's sales .
- Server and Storage Systems - Offers high-performance and high-efficiency servers and storage solutions optimized for enterprise data centers, cloud computing, AI, 5G, and edge computing.
- Subsystems and Accessories - Provides server boards, chassis, and accessories that complement the main server and storage offerings.
- Modular Blade Servers - Delivers flexible and scalable blade server solutions for various computing environments.
- Blades - Supplies individual blade components for integration into modular server systems.
- Workstations - Designs high-performance workstations for professional and enterprise use.
- Full Rack Scale Solutions - Provides comprehensive rack-scale solutions for large-scale data center deployments.
- Networking Devices - Offers networking hardware to support server and storage connectivity.
- Server Sub-Systems - Supplies essential components for server assembly and customization.
- Server Management and Security Software - Develops software solutions for managing and securing server operations.
You might also like
| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Charles Liang ExecutiveBoard | President, CEO, and Chairman of the Board | None | Co-founder of SMCI in 1993; instrumental in developing server and storage system architectures; holds 23 U.S. patents; M.S. in Electrical Engineering from the University of Texas at Arlington. | View Report → |
Sara Liu ExecutiveBoard | Co-Founder, Senior Vice President, and Director | None | Co-founder of SMCI in 1993; previously served as Treasurer and Chief Administrative Officer; B.S. in Accounting from Providence University in Taiwan. | |
David Weigand Executive | Senior Vice President and Chief Financial Officer | None | Joined SMCI in February 2021; previously held leadership roles at Hewlett Packard Enterprise, Silicon Graphics International, and Renesas Electronics America; CPA (inactive). | |
Don Clegg Executive | Senior Vice President of Worldwide Sales | None | Senior Vice President of Worldwide Sales; no additional details on tenure or achievements provided in the documents. | |
George Kao Executive | Senior Vice President of Operations | None | Joined SMCI in October 2016; previously held leadership roles at Pericom Semiconductor and Orient Semiconductor Electronics; B.S. in Electrical Engineering from Cal Poly San Luis Obispo. | |
Daniel Fairfax Board | Director | None | Joined SMCI Board in July 2019; previously CFO at Brocade Communications; CPA (inactive); MBA from University of Chicago Booth School of Business. | |
Judy Lin Board | Director | None | Joined SMCI Board in April 2022; 30 years of experience in the disk drive industry; previously VP at Western Digital and Komag; M.S. in Materials Science from UC Berkeley. | |
Robert Blair Board | Director | Director at Pictos, Inc. | Joined SMCI Board in December 2022; previously CEO of ESS Technology and Pictos; holds 12 U.S. patents; studied Electrical Engineering at Arizona State University. | |
Sherman Tuan Board | Director | CEO and Chairman of PurpleComm, Inc. | Joined SMCI Board in February 2007; founder and CEO of PurpleComm, Inc. (9x9.tv); extensive experience in connected TV platforms. |
- Given the resignation of your independent auditor and the delay in filing your 10-K, are you experiencing any market share losses or customer hesitancy due to these issues, and how are you mitigating potential impacts on your business?
- Can you provide more specifics on the initial concerns raised by your previous auditor that prompted the special committee's investigation, and what remedial measures are being implemented to strengthen your internal governance and oversight functions?
- With the delays in providing audited financial statements, what are the risks associated with your credit agreements if you fail to meet the new deadlines, and could this impact your access to capital markets or trigger covenants in your convertible debt?
- You previously gave full-year revenue guidance of $26 billion to $30 billion but did not reaffirm it on this call; do you still stand by this outlook, and what key factors could affect your ability to achieve these targets?
- Your gross margin is expected to contract in the upcoming quarter; is this a result of increased competition or pricing pressures, and what strategies are you employing to sustain or improve profitability amidst these challenges?
Research analysts who have asked questions during Super Micro Computer Inc earnings calls.
Ananda Baruah
Loop Capital Markets LLC
4 questions for SMCI
Michael Ng
Goldman Sachs
4 questions for SMCI
Nehal Chokshi
Northland Capital Markets
4 questions for SMCI
Samik Chatterjee
JPMorgan Chase & Co.
4 questions for SMCI
Jonathan Tanwanteng
CJS Securities
3 questions for SMCI
Quinn Bolton
Needham & Company, LLC
3 questions for SMCI
Aaron Rakers
Wells Fargo
2 questions for SMCI
Dong Wang
Nomura Instinet
2 questions for SMCI
Mehdi Hosseini
Susquehanna Financial Group
2 questions for SMCI
Ruplu Bhattacharya
Bank of America
2 questions for SMCI
Vijay Rakesh
Mizuho
2 questions for SMCI
Asiya Merchant
Citigroup Global Markets Inc.
1 question for SMCI
Brandon Nispel
KeyBanc Capital Markets
1 question for SMCI
George Wang
Barclays PLC
1 question for SMCI
Jon Tanwanteng
CJS Securities
1 question for SMCI
Nicolas Doyle
Needham & Company, LLC
1 question for SMCI
Simon Leopold
Raymond James
1 question for SMCI
Competitors mentioned in the company's latest 10K filing.
| Company | Description |
|---|---|
Global technology vendors that compete primarily with large vendors of x86-based general purpose servers and components. | |
Global technology vendors that compete primarily with large vendors of x86-based general purpose servers and components. | |
Global technology vendors that compete primarily with large vendors of x86-based general purpose servers and components. | |
Lenovo | Global technology vendors that compete primarily with large vendors of x86-based general purpose servers and components. |
Foxconn | ODMs that benefit from their scale and very low-cost manufacturing and are increasingly offering their own branded products. |
Quanta Computer | ODMs that benefit from their scale and very low-cost manufacturing and are increasingly offering their own branded products. |
Wiwynn Corporation | ODMs that benefit from their scale and very low-cost manufacturing and are increasingly offering their own branded products. |
Inspur | OEMs that compete with a number of other vendors who also sell application optimized servers, contract manufacturers/OEMs and ODMs. |
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
Gemini Open Cloud Computing Inc. | 2023 | Completed acquisition by Super Micro Computer, Inc. for a total purchase consideration of $2.5 million (with a $0.3 million holdback) and $1.8 million recorded as goodwill reflecting planned business growth; the impact on consolidated financials was immaterial and acquisition-related costs were included in SG&A expenses. |
Recent press releases and 8-K filings for SMCI.
- Shares of Super Micro Computer fell 5.71% to $43.24, underperforming as the Dow rose and the S&P 500 dipped.
- The stock remains 34.92% below its 52-week high of $66.44 set on February 19.
- Management has enhanced its financial and auditing teams to improve transparency after previous late filings.
- Short interest decreased by 2.6% over the past month, signaling cautious investor optimism.
- The company is positioned to benefit from surging AI infrastructure spending by improving data-center efficiency.
- 47% full-year growth in FY2025 and addition of four scale customers (vs. one in 2024), with 2–4 more projected for FY2026.
- Transition to comprehensive Data Center Building Block Solutions (DCBBS), offering integrated systems, cooling and support services to accelerate deployment and differentiate from rack-only competitors.
- Revenue guidance of >$33 billion for FY2026, reflecting over 50% YoY growth driven by hyperscale, neo cloud and sovereign demand.
- Targeting 15–17% gross margins long-term by leveraging DCBBS and serial innovation to offset GPU-heavy BOM pressures.
- Maintaining ~$7 billion in liquidity (cash and credit lines) to fund expansion without immediate capital raises.
- On July 16, 2025, Super Micro Computer, Inc. entered into a Receivables Purchase Agreement with MUFG Bank, Ltd., Crédit Agricole CIB and other purchasers, under which the Company may sell certain accounts receivable and related rights.
- The uncommitted facility provides an initial aggregate limit of $1,790,000,000; purchases are at invoice amount net of a discount equal to Term SOFR plus 1.15%–2.80%, based on account debtor risk and discount period.
- If sales are not deemed true sales, the Company grants a first-priority security interest in the receivables and proceeds; no commitment fees are paid, and both sales and purchases are at each party’s discretion.
- Either the Company or the required purchasers may terminate the agreement with 30 days’ notice, or immediately upon specified “Termination Events” such as non-payment or insolvency.
- Digi Power X executed a definitive purchase order with Supermicro for NVIDIA Blackwell B200–powered systems to launch its Tier 3 NeoCloud AI platform, with the first deployment at its Alabama site in Q4 2025.
- The Supermicro systems will be housed in the proprietary ARMS 200 pods, enabling high-performance GPU cloud rentals through Digi Power X’s NeoCloud portal for recurring revenue.
- Growth will be financed with non-dilutive debt backed by platform-driven AI compute revenue, targeting a sub-three-year payback period.
- Digi Power X’s roadmap includes development of 55 MW of Tier 3 AI infrastructure with the ARMS 300 platform for NVIDIA B300 chips in 2026–2027, aiming for first-mover advantage in Blackwell architecture at cloud scale.
- Supermicro is now shipping its new 4-socket X14 servers powered by Intel Xeon 6 processors for large-scale database and enterprise applications.
- These systems deliver up to 50% performance boost versus previous-gen, with up to 344 cores, support for 6 double-width GPUs, and up to 16 TB memory.
- Targeted workloads include HPC, mission-critical tasks, in-memory databases, AI training/inferencing, and scientific simulations.
- Certified for SAP HANA and Oracle Linux, enabling scalable enterprise deployments and generative AI/ERP workflows on a single node.
- Super Micro plans to significantly boost AI server manufacturing capacity across Europe, adding facilities beyond its current operations in the Netherlands.
- CEO Charles Liang highlighted Europe's rapid demand for high-performance servers powered by Nvidia chips, driven by generative AI growth.
- The company’s stock has risen 63% year-to-date in 2025, reflecting strong investor optimism amidst the expansion.
- Analysts maintain a consensus ‘Hold’ rating (average 2.7) with a GF Value fair value estimate of $69.53, implying 41.58% upside.
- First fiscal quarter earnings fell short of expectations due to postponed orders as customers awaited Nvidia’s latest AI GPUs.
- Supermicro priced a $2.0 billion private offering of 0.00% Convertible Senior Notes due June 15, 2030, with an option to sell an additional $300 million of notes within 13 days of issuance.
- The notes bear no regular interest and feature an initial conversion rate of 18.1154 shares per $1,000 principal (equivalent to a $55.20 per-share conversion price, a 35 % premium to the $40.89 closing price on June 23, 2025).
- Net proceeds are expected to be $1.96 billion (or approximately $2.26 billion if the option is fully exercised), with $158.4 million used for capped call transactions, $200 million for concurrent share repurchases and the balance for general corporate purposes.
- The company entered into capped call transactions with an initial cap price of $81.78 per share (100 % premium to $40.89) to mitigate potential dilution or offset cash payments on note conversions.
- Super Micro Computer to offer $2.0 billion convertible senior notes due June 15, 2030, with an option to increase by $300 million within 13 days .
- Notes accrue interest payable semi-annually and become convertible—at the company’s election into cash, shares, or a combination thereof—beginning December 17, 2029 .
- Proceeds will fund capped call transactions to mitigate dilution, support a share repurchase of up to $200 million, and finance general corporate purposes including growth in AI, Cloud, Storage, and 5G/Edge expansion .
- Shares dropped 3–4% post-announcement, with analysts maintaining a ‘Hold’ rating (average 2.7) and price targets ranging from $15 to $70 .
- The company’s stockholders approved a further amendment and restatement of the 2020 Equity and Incentive Compensation Plan, which increases the available shares for awards to 103,000,000 shares and adjusts the share counting rules for option and award grants.
- At the Annual Meeting, proposals were approved including the election of two Class III directors and a non-binding advisory resolution on named executive officer compensation, reflecting key board and compensation updates.
- DCBBS is launched with integrated DLC-2 technology to streamline the design and deployment of liquid-cooled AI/IT data centers, offering pre-validated, scalable units .
- The innovative DLC-2 solution delivers up to 40% power savings, while significantly reducing water consumption, noise, and rack space in data centers .
- Features a modular building block approach at the system, rack, and data center levels, enabling rapid deployments in as little as three months .
- Designed for advanced AI, HPC, and cloud operations, the solution supports enhanced efficiency and lowers total cost of ownership by up to 20% .
- Comes with comprehensive consultation, deployment, and on-site support services for seamless integration .