Super Micro Computer (SMCI) Company Report

Super Micro Computer entered into a $2.0 billion senior revolving credit facility led by JPMorgan Chase Bank, N.A.
The facility matures on 12/29/2030 and may be used for working capital, letters of credit, and other general corporate purposes
Borrowings are secured and subject to customary representations, warranties, affirmative and negative covenants, and events of default
CEO Charles Liang said the facility provides additional financial flexibility to support operations and growth initiatives

Jan 6, 2026, 10:01 PM

Press Release

Supermicro brings AI performance to client, edge, and consumer markets

SMCI

Product Launch

Supermicro debuts the Super AI Station (ARS-511GD-NB-LCC) delivering over 5× AI PFLOPS and 775 GB of coherent memory in a deskside liquid-cooled form factor for on-prem AI model development and inference.
Introduces the SYS-542T-2R workstation powered by Intel Xeon 6 SoC, offering agentic AI performance, broad GPU support, and 2×100 GbE connectivity for media transcoding and CDN applications.
Launches the AI PC (AS-C521D-11302U) with the latest AMD CPUs, targeting slim desktops for optimized office and personal AI workloads.
Unveils three Edge AI Systems based on AMD EPYC™ 4005 (1U, mini-1U, slim tower) with up to 16 cores for high performance-per-watt, plus a fanless SYS-E103-14P-H featuring Intel Core Ultra Series 3 delivering up to 180 TOPS for edge robotics and AI.

Jan 6, 2026, 2:05 PM

Press Release

Supermicro announces support for NVIDIA Vera Rubin NVL72 and HGX Rubin NVL8 systems

SMCI

Product Launch

Supermicro expands US-based manufacturing capacity and liquid-cooling capabilities to accelerate deployment of next-generation AI infrastructure in collaboration with NVIDIA.
The NVL72 SuperCluster integrates 72 NVIDIA Rubin GPUs and 36 Vera CPUs, delivering 3.6 exaflops NVFP4 performance and 1.4 PB/s HBM4 bandwidth in a rack-scale liquid-cooled design.
The 2U HGX Rubin NVL8 system provides 400 petaflops NVFP4 and 176 TB/s HBM4 bandwidth in a compact, advanced-direct-liquid-cooled form factor.
Supermicro’s modular Data Center Building Block Solutions® and in-row Coolant Distribution Units enable rapid configuration, customization, and efficient warm-water cooling for hyperscalers and enterprises.

Jan 5, 2026, 11:00 PM

Press Release

Super Micro Computer enters into $2 billion revolving credit facility

SMCI

Debt Issuance

SMCI entered into a $2.0 billion revolving credit facility, including a $200 million letter-of-credit sub-limit and $150 million same-day borrowing sub-limit, with an option to upsize by $1.0 billion, maturing December 29, 2030.
The facility is guaranteed by Super Micro and its domestic subsidiaries during non-investment-grade periods, with guarantees ceasing upon achieving at least Baa3/BBB- ratings and reinstated if ratings fall below those levels.
Borrowings accrue interest at an alternate base or term rate plus margins ranging from 1.25% to 2.00% (term rate) and commitment fees of 0.15% to 0.30% per annum during non-IG periods, with lower pricing in IG periods.
Covenant package includes leverage ratio maintenance of 4.00:1.00 for the first four quarters, stepping down to 3.50:1.00 thereafter and 3.00:1.00 each quarter thereafter, along with customary affirmative and negative covenants and default triggers.

Jan 2, 2026, 9:06 PM

8-K

Super Micro ups 2026 guidance and outlines AI infrastructure expansion

SMCI

Guidance Update

Product Launch

New Projects/Investments

Super Micro raised its fiscal 2026 revenue guidance from $33 billion to $36 billion, backed by a $13 billion GB300 order backlog in the December quarter.
Plans to scale manufacturing to 6,000 total racks (including 3,000 liquid-cooled units) by June 2026 across Silicon Valley, Taiwan, Malaysia, and the Netherlands.
Developing Data Center Building Block Solutions (DCBBS) to offer full-stack, high-margin AI configurations and enable differentiated customer deployments.
Targets double-digit gross margins over time through broader customer and product mix and enhanced manufacturing efficiencies.

Dec 11, 2025, 5:50 PM

Transcript

Super Micro highlights AI infrastructure demand and capacity expansion

SMCI

Guidance Update

Super Micro confirmed $13 billion of GB300 orders in the December quarter and raised its fiscal 2026 revenue guidance to $33 billion–$36 billion, citing strong AI demand and healthy backlog.
The company is leveraging complexity as a competitive advantage, developing full-stack Data Center Building Block Solutions (DCBBS) with options like power sidecars and liquid cooling to support diverse AI workloads.
Super Micro plans to expand manufacturing capacity to 6,000 racks by fiscal 2026 (including 3,000 liquid-cooled), targeting an average selling price of $3 million per rack.
Focused on broadening its scale-customer base, it added a new large customer in Q1 and expects to add 2–4 more scale customers in fiscal 2026, aiming for double-digit gross margins through improved mix and efficiencies.

Dec 11, 2025, 5:50 PM

Transcript

Super Micro discusses AI growth, capacity expansion, and margin outlook at Barclays Tech Conference

SMCI

Guidance Update

Revenue Acceleration/Inflection

New Projects/Investments

Super Micro (SMCI) reported strong demand and visibility, citing $13 billion in GB300 orders last quarter and raising fiscal 2026 revenue guidance from $33 billion to $36 billion, with confidence in continued growth due to a large backlog and expanding customer base.
The company is expanding manufacturing capacity, planning to exit fiscal 2026 with 6,000 total racks (3,000 liquid cooled), each liquid cooled rack commanding an average selling price of about $3 million, supporting significant revenue opportunities.
Gross margin improvement is a key focus, with levers including customer mix, product mix, and manufacturing efficiencies; Super Micro aims for double-digit gross margins as its customer base broadens and manufacturing overheads decrease.
Super Micro is diversifying across AI platforms (NVIDIA, AMD, custom ASICs) and building out its Data Center Building Block Solutions (DCBBS) to address increasing complexity and application optimization needs, positioning itself as a full-stack supplier for AI infrastructure.

Dec 11, 2025, 5:50 PM

Transcript

Supermicro expands NVIDIA Blackwell portfolio

SMCI

Product Launch

Supermicro launched 4U and 2-OU (OCP) liquid-cooled NVIDIA HGX B300 systems for hyperscale and AI factory deployments, now available for high-volume shipment.
The 2-OU (OCP) model supports up to 144 GPUs per rack in a 21-inch OCP Open Rack V3 configuration, with eight NVIDIA Blackwell Ultra GPUs at 1,100W TDP each.
The 4U system, designed for standard 19-inch EIA racks, uses DLC-2 technology to capture up to 98% of generated heat, enhancing power efficiency and serviceability.
With DLC-2, data centers can achieve up to 40% power savings and reduce water usage via 45°C warm-water operation, eliminating chilled water and compressors.

Dec 9, 2025, 9:05 PM

Press Release

Supermicro updates fiscal 2026 guidance at Raymond James conference

SMCI

Guidance Update

Raised fiscal 2026 revenue guidance to $36 billion from $33 billion, backed by $13 billion in GB200 orders in December
Expanding manufacturing capacity, increasing monthly liquid-cooled rack build from 2,000 to 2,500 and targeting 3,000 liquid-cooled (6,000 total) racks by June 2026
Emphasizing engineering-driven platform optimization and introducing Data Center Building Block Solutions to lower cost per watt per compute and enhance customer stickiness
Maintaining a one-quarter-ahead margin guidance and aiming to improve gross margins through favorable customer/product mix and manufacturing efficiencies

Dec 8, 2025, 6:40 PM

Transcript

Super Micro raises FY2026 guidance and outlines AI-driven capacity expansion

SMCI

Guidance Update

Revenue Acceleration/Inflection

New Projects/Investments

Super Micro updated its FY 2026 revenue guidance to $36 billion from $33 billion, citing robust AI demand and customer interactions.
The company received $13 billion in GB200 orders in December, expected to deploy over multiple quarters, highlighting strong enterprise and sovereign demand.
Manufacturing capacity will scale to 6,000 server racks per month by June 2026, including 3,000 liquid-cooled racks, to meet AI infrastructure needs.
Gross margins are under pressure but managed via one-quarter ahead margin guidance, with improvements expected from favorable customer/product mix and manufacturing efficiencies.
Super Micro targets 10% market share of a projected $1 trillion–$3 trillion AI infrastructure market, implying a potential $100 billion revenue opportunity long term.