Super Micro Computer's AI Ambitions and Financial Challenges: A Tale of Growth and Uncertainty

Supermicro Stock Surges on Hopes of an AI-Fueled Comeback

Supermicro said it expects to file its delinquent financial reports by the Nasdaq's Feb. 25 deadline, which analysts said should ease delisting worries. Super Micro Computer (SMCI) shares surged Wednesday, a day after the company offered a strong sales outlook for 2026 on anticipated demand for AI servers and said it expects to submit its delayed regulatory filings in time to avoid delisting. The server maker on Tuesday lowered its revenue estimate for 2025 to between $23.5 billion to $25 billion, but called for revenue to grow more than 60% year-over-year to $40 billion in 2026 as demand grows for infrastructure to support AI. That 2026 outlook "presents a nice upside surprise," JPMorgan analysts said, though they added it could be too early to underwrite such an "aggressive" target. The analysts maintained an "underweight" rating for the stock, but raised their price target to $35 from $23. Wedbush analysts, who said they are "hesitant to model as aggressively as management's forecast," suggested they anticipate 44% year-over-year growth in fiscal 2026, which would mean revenue of $34.77 billion. Wedbush raised its price target for Supermicro stock to $40 from $24 while maintaining a "neutral" rating. Supermicro also said it expects to submit its delayed financial reports from the 2024 fiscal year by the Nasdaq's Feb. 25 deadline to avoid being delisted. JPMorgan attributed its price target increase in part to Supermicro's "increased conviction" that it will meet the deadline, while Wedbush said the company getting its reports filed "should reduce uncertainty." The company's delinquent reports have raised worries it could be delisted, amid concerns about the company's accounting practices. Supermicro formed an independent special committee, which said in December that its probe of the company, "did not raise any substantial concerns about the integrity of Supermicro's senior management." Supermicro shares jumped over 6% intraday Wednesday to $40.98, though even with Wednesday's gains, they've lost over half their value in the past year.

Super Micro stock jumps 10%: AI ambitions could send the stock soaring

Super Micro Computer updated its financial outlook in a preliminary second-quarter report for fiscal 2025, suggesting a promising future despite a notable reduction in its fiscal 2025 revenue guidance. CEO Charles Liang expressed confidence that the company will meet the U.S. Securities and Exchange Commission's February 25 deadline for filing its delayed annual report. Super Micro anticipates reaching $40 billion in revenue in fiscal 2026, significantly higher than analysts' expectations of $30 billion, according to LSEG. In the near term, Super Micro reduced its fiscal 2025 revenue guidance to a range of $23.5 billion to $25 billion from an earlier estimate of $26 billion to $30 billion. LSEG analysts had predicted revenues of $24.9 billion for fiscal 2025. For the fiscal second quarter ending December 31, Super Micro expects net sales to fall between $5.6 billion and $5.7 billion, below Wall Street's expectation of $5.89 billion. Super Micro is actively working to meet the filing requirements for its delayed fiscal 2024 annual report and fiscal 2025 first and second quarter reports, as its compliance with Nasdaq listing standards hangs in the balance. The company has faced tumult since Hindenburg Research disclosed a short position in the stock and an auditor quit in October over governance concerns. The stock saw a significant increase, rising by as much as 10% in extended trading post-announcement. Despite a 9.5% decrease in regular trading, Super Micro shares have increased roughly 27% in 2025 but remain below their March 2024 high. Super Micro's role in the artificial intelligence sector has been highlighted, especially following the surge in demand for AI infrastructure following ChatGPT's 2022 launch. Major companies including Meta, Amazon, Alphabet, and Microsoft are projected to invest up to $320 billion in AI projects this year. During the recent business update conference call, Liang noted the company's key partnerships, particularly with Nvidia, emphasizing Super Micro's position in AI infrastructure development. The company recorded an anticipated adjusted earnings of $0.59 per share for Q2, with projected sales of $5.65 billion. Analysts had previously estimated earnings of $0.61 per share on sales of $5.77 billion. Super Micro's adjusted financial results represent a year-over-year earnings growth of 5% and an impressive 54% increase in revenue. However, analysts had forecasted fiscal 2025 sales at $24.1 billion prior to the revised guidance. In a statement, Liang mentioned that with Super Micro's advanced direct-liquid cooling technology, over 30% of new data centers are expected to adopt this innovation in the next 12 months, positioning the company for growth in AI infrastructure. According to CFRA Research analyst Shreya Gheewala, who upgraded Super Micro stock to buy from hold, the 12-month price target has been raised to $48 from $39. Gheewala cautioned about potential risks, including financial restatements and reputational damage affecting customer retention, amid speculation surrounding potential privatization. On February 5, Super Micro announced reaching full production availability for Nvidia's Blackwell rack-scale AI computing systems, further solidifying its strategic role in the AI sector. Disclaimer: The content of this article is for informational purposes only and should not be construed as investment advice. We do not endorse any specific investment strategies or make recommendations regarding the purchase or sale of any securities.

Super Micro Gains on Long-Term Forecast, Pledge on Filings

(Bloomberg) -- Super Micro Computer Inc. rose in premarket trading after giving an aggressive long-term revenue outlook and saying it "believes" it will meet a Nasdaq Inc. deadline to file audited financial results. Sales will be $40 billion in the fiscal year ending in June 2026, the company said Tuesday in a statement, which also provided preliminary fiscal second-quarter results. Analysts, on average, estimated $30.7 billion for fiscal 2026, according to data compiled by Bloomberg. San Jose, California-based Super Micro has seen an explosion in demand for servers containing high-powered chips needed to run artificial intelligence workloads. Last week, the company said it had reached full production availability for products containing Nvidia Corp.'s new Blackwell B200 chips. Still, the near-term forecast and reported results came in shy of expectations. For the current fiscal year ending in June, Super Micro cut its revenue outlook to about $24.3 billion from $28 billion. In the current quarter ending March 31, the company's projected sales and adjusted profit missed the average estimates. The shares jumped more than 6% in premarket trading on Wednesday. The stock had closed at $38.61 in New York and has gained 27% this year. Super Micro's strong 2026 sales outlook "implies that the market and appetite for large AI deals haven't waned, supporting AI growth momentum into 2026 against tough comparisons," wrote Woo Jin Ho, an analyst at Bloomberg Intelligence, who added that the trend may hold true for Dell Technologies Inc. and Hewlett Packard Enterprise Co. Super Micro is trying to avoid a delisting after missing an August 2024 deadline to file its annual financial report. The company's auditor, Ernst & Young LLP, resigned in October, citing concerns about the company's governance and transparency. Super Micro is also facing a US Department of Justice probe following a report from short seller Hindenburg Research. The company said Tuesday it had received subpoenas from the Justice Department and Securities and Exchange Commission late last year following the short seller's allegations. Super Micro said it's cooperating with the document requests. Nasdaq has extended Super Micro's deadline to Feb. 25 to provide delayed filings and become compliant with listing rules. In December, Super Micro said an independent review of its business found no evidence of misconduct, but it would install a new chief financial officer and other top executives. The company said it "continues to work diligently" on the financial filings. "Based on information currently available, the company believes it will make such filings by Feb. 25." Super Micro's progress in filing its delayed financial information is the key question investors were hoping would be answered Tuesday, wrote Matt Bryson, an analyst at Wedbush, ahead of the results. For the fiscal second quarter, Super Micro said preliminary results show sales of $5.6 billion to $5.7 billion. Analysts, on average, estimated $5.81 billion. Profit, excluding some items, was about 59 cents per share in the period ended Dec. 31, the company said. Wall Street expected 64 cents. Super Micro's last official earnings statement was released Aug. 6 for its fiscal fourth quarter. The company said Tuesday that those results were "unaudited." It issued a financial "update" Nov. 5 for its "preliminary" fiscal first-quarter results. The company said Tuesday that it's revising the preliminary fourth-quarter results, which will reduce adjusted earnings per share by 9 cents. (Updates with premarket trading in fifth paragraph.)

Super Micro is walking head-high despite the chaos in the stock market. Here's why

Ford's CEO warns of 'chaos' in the auto industry. Here's what it means for investors The AI hardware company is working to avoid delisting by Nasdaq, with a deadline of February 25 to submit its delayed annual report to the Securities and Exchange Commission (SEC). CEO Charles Liang is confident that it will be submitted on time. The company expects to reach $40 billion in revenue by fiscal 2026, while analysts anticipated $30 billion for that period. However, the company lowered its fiscal 2025 revenue guidance, now expecting between $23.5 billion and $25 billion. This marks a decline from its previous forecast of $26 billion to $30 billion, while analysts had projected $24.9 billion. Moreover, the company reported net sales between $5.6 billion and $5.7 billion, reflecting a 54% year-over-year growth, although analysts had expected $5.89 billion. Super Micro makes hardware that supports AI applications. Last year, the San-Joes-based company went through many ups and downs. The SMCI stock thrived for much of 2024 and entered the Fortune 500 at No. 498 as part of a frenzy over AI and related tools. As a key partner and reseller of Nvidia's (NVDA-1.08%) GPUs and other components, Super Micro integrates the technology into its servers to support AI workloads. Super Micro CEO Charles Liang and Nvidia CEO Jensen Huang are both Taiwanese immigrants and have a long-standing relationship. Super Micro Computer went through a rough phase in September 2024 when a short seller, Hindenburg Research, published a scathing report accusing the company of accounting red flags and questionable business dealings, including alleged sanctions evasion from exports to Russian and Chinese firms. Following that, its auditor, Ernst & Young, resigned, citing disagreement over Super Micro Computer's governance practices and board independence. Looking forward to a fresh start in 2025, SMCI stock has risen 37% year-to-date and is currently trading at $41 per share.

Why Super Micro Computer Stock Soared Today, and Why Another Catalyst Is Coming Soon

Super Micro Computer (SMCI 8.71%) stock has been in limbo for months now. The company has been mired in an accounting controversy, and has been at risk of being delisted from the Nasdaq stock exchange since last summer. But shares were pushing higher Wednesday after the company announced it had ramped up production availability of its artificial intelligence (AI) data center server solutions that feature Nvidia's new Blackwell platform. After jumping by almost 14% in morning trading, Super Micro stock remained higher by 8.8% as of 12:20 p.m. ET. And another catalyst might be just around the corner. An important quarterly report is due from Super Micro Super Micro shares are still down by around 50% over the last six months. In October, its accounting firm resigned after raising concerns about the company's financial reporting, internal controls, and governance. Super Micro also needs to file its delayed annual report and other required financial statements with the Securities and Exchange Commission (SEC) by the Feb. 25 deadline set by Nasdaq. But Wednesday's announcement showed investors that the company's business continues to move forward. "Supermicro's Nvidia Blackwell GPU offerings in plug-and-play scalable units with advanced liquid cooling and air cooling are empowering customers to deploy an infrastructure that supports increasingly complex AI workloads while maintaining exceptional efficiency," said CEO Charles Liang. Perhaps more important for investors will be the more complete business update coming from Super Micro next week. It is scheduled to provide its fiscal 2025 second-quarter report on Feb. 11. While details about what that report will reveal are sparse, it could be a major catalyst -- in either direction -- for Super Micro shares. If the company announces that it has completed its regulatory filing commitments with its new auditor's sign-off, shares will likely soar. But if management unveils further problems, they will surely dive. Wednesday's positive news induced some investors to jump in with bets that more good news is coming. One certainty, though, is that risk remains and more volatility is on the way.

Supermicro forecasts crazy revenue growth for fiscal 2026, boosting its stock - SiliconANGLE

Supermicro forecasts crazy revenue growth for fiscal 2026, boosting its stock Shares of the data center server maker Super Micro Computer Inc. jumped 9% in extended trading today after it forecast some insane revenue growth for fiscal 2026, citing rising demand for its artificial intelligence hardware. The after-hours jump reversed a selloff that had sent Supermicro's stock down 8% during the regular trading session earlier today. It came after Chief Executive Charles Liang (pictured) told analysts in an earnings call that he believes the increased adoption of its direct-liquid cooling technology in data centers will help it grow its annual revenue to at least $40 billion in fiscal 2026, which will culminate halfway through the next calendar year. The claim caught everyone by surprise, as Wall Street analysts had been projecting sales of just $29.18 billion for that period. Even more surprising is that Liang said the $40 billion figure is a conservative estimate based on current demand, as well as its backlog and existing sales commitments. So it could reach even higher. "I hope we can grow even more than that," an optimistic Liang told analysts on a conference call. Liang's comments came as Supermicro delivered its preliminary financial results for the second quarter of its fiscal 2025 year. The numbers are not yet finalized because the company has not yet had a chance to get the books audited, after it was dumped by the professional services firm Ernst & Young LLP last November. As such, Supermicro could only provide some tentative numbers that may be updated later. The company, which partners with Nvidia Corp. to make graphics processing unit-powered servers for AI and other workloads, said it's expecting to deliver revenue of between $5.6 billion and $5.7 billion for the quarter, which would mean growth of 54% year-over-year. However, that number came in below the company's prior forecast of $5.4 billion to $6.1 billion, and it was also a tad lower than Wall Street's $5.8 billion consensus view. In addition, Supermicro said it expects to see adjusted earnings, which strip out one-time items, of between 58 cents and 50 cents per share, trailing the Street's 61 cents target. The company also updated its fiscal 2025 guidance, saying it now sees total revenue of between $23.5 billion and $25 billion, down from its earlier forecast of $26 billion to $30 billion, and about in-line with Wall Street's estimate of $24.5 billion. In the conference call, Liang and other officials stressed that they are working hard to ensure that the quarterly results, as well as the annual results for fiscal 2024, will be finalized by a February 25 deadline set by financial regulators. After being humiliated by the exit of Ernst & Young, the company has now hired the services of BDO USA as its independent financial auditor. Ernst & Young said it had walked away from Supermicro because it no longer had confidence in the representations of its management, and didn't want to be associated with the financial statements they had prepared. That came about a month after the Wall Street Journal revealed that the company is being probed by the U.S. Justice Department regarding possible financial irregularities. It's said that the investigation was launched in response to claims by a former employee, who has filed a whistleblower lawsuit against the company, accusing it of accounting violations. Prior to that, in August, the short-seller firm Hindenburg Research LLC announced it had discovered a number of red flags that suggest Supermicro might be cooking the books. The company has been threatened with a potential delisting from the Nasdaq stock exchange if it's unable to meet the February 25 deadline for submitting its audited financial results. Fears over Supermicro's alleged irregularities have contributed to a topsy-turvy ride for investors. In the last five days, its stock had gained 59%, and is now up 40% since the start of the year, compared to just a 2% gain for the Nasdaq. However, it's still down 48% over the last 12 months.

Supermicro Stock Soars Further Ahead of Business Update

Despite the recent jump, Supermicro shares have lost more than 50% of their value over the past year amid concerns about the company's accounting practices. Shares of troubled server maker Super Micro Computer (SMCI), or Supermicro, surged for a second straight session after it said it would give a second-quarter business update next week. Supermicro said Monday it would be giving a second-quarter update after markets close next Tuesday, Feb. 11. That sent shares nearly 9% higher yesterday, as investors watch whether the firm will be able to submit all its delayed regulatory filings with the Securities and Exchange Commission (SEC) by Feb. 25 in order to preserve its public listing on the Nasdaq. Supermicro was among the top gainers in the S&P 500 Wednesday, advancing a further 7% in recent trading on news that it was ramping "full production availability of its end-to-end AI data center Building Block Solutionsaccelerated by the NVIDIA Blackwell platform." "In this transformative moment of AI, where scaling laws are pushing the limits of data center capabilities, our latest NVIDIA Blackwell-powered solutions, developed through close collaboration with NVIDIA, deliver outstanding computational power," Supermicro CEO Charles Liang said. Despite their two-day surge, Supermicro shares have lost more than 50% of their value over the past year amid concerns about the company's accounting practices. Last August, short seller Hindenburg Research accused the firm of "accounting manipulation," and two months later, EY resigned as its auditor, saying it was "unwilling to be associated with the financial statements prepared by management."

Why Super Micro Computer Stock Barreled 24% Higher This Week

Shares of Super Micro Computer (SMCI 7.21%), commonly called Supermicro, surged this week, jumping as much as 29.6%, according to data supplied by S&P Global Market Intelligence. As of 3:07 p.m. ET on Friday, the stock was still up 24.4%. There were a couple of catalysts that boosted investor sentiment for the artificial intelligence (AI) hardware specialist. An end to the drama? Supermicro has been a roller coaster ride for investors, and it's worth recounting the significant events of the past year or so to provide context. After soaring to a new record high early last year, the maker of AI-centric servers fell on hard times. A short-seller report alleging accounting misconduct and a delay in filing its annual report sent the stock into a tailspin. The company also faced the threat of delisting. Two developments this week have helped propel the stock higher. Earlier this week, Supermicro announced that it was at full production for its rack-scale servers that are based on Nvidia's next-generation Blackwell AI technology. Supermicro's building block architecture allows customers to design custom servers and turnkey solutions based on their individual needs. The news that its server designs built around Blackwell were flying off production lines gave investors assurances that despite the reporting headwinds, the company's business continues to gain ground. In another development, Supermicro announced that it would hold a conference call on Tuesday, Feb. 11, to provide a business update for its fiscal 2025 second quarter. Normally, such an announcement wouldn't be a cause for celebration. However, investors are looking forward to an update regarding Supermicro's delayed filings. The Nasdaq stock exchange granted Supermicro an extension until Feb. 25 to file its annual report for the year ended June 30 and the quarterly report for the period ended Sept. 30. If the company announces that it will meet this deadline, it will remove one of its final overhangs, which is what many investors have been waiting for. The uncertainty regarding its future has weighed on Supermicro, which currently sells for just 15 times earnings. To be clear, this is something of a binary outcome. If the company submits the required filings before the deadline, the stock could soar. However, if it fails to do so, the stock could plunge to new lows.

Super Micro's roller coaster continues into earnings with 59% stock pop in past week

Following a tumultuous 2024 that saw the stock soar to new highs and get added to the S&P 500 in March before cratering by 85% over the next eight months, shares of the server maker are back on the rise. Heading into the company quarterly earnings report on Tuesday after the bell, Super Micro shares have jumped 59% in the past five trading days, including an 18% surge on Monday. They're now up 40% since the start of 2025, compared to a 2.1% gain in the Nasdaq. The bullish story on Super Micro is all about the company's central position in the booming artificial intelligence market, where it sells servers packed with Nvidia's graphics processing units, competing for business with the likes of Dell and Hewlett Packard Enterprise. Revenue has more than doubled in three straight quarters thanks to soaring demand for AI infrastructure. Meta, Amazon, Alphabet and Microsoft intend to spend as much as $320 billion combined on AI technologies and data center buildouts in 2025, based on recent comments from top execs. Analysts are expecting Super Micro to report a revenue increase of about 60% for the December quarter to $5.89 billion, according to a consensus from LSEG.

Will Super Micro Computer Soar After Feb. 11? | The Motley Fool

Super Micro Computer (SMCI 7.99%) has delivered both ups and downs to investors over the past year. The maker of servers and workstations has benefited from artificial intelligence (AI) demand as data centers expand and launch upgrades -- and early last year that led to triple-digit revenue growth and outstanding stock performance. The shares surged 188% in the first half of the year, even beating market giant Nvidia. But questions about the company's financial reporting halted the momentum -- a short-seller's report from Hindenburg Research alleged "glaring accounting red flags." And Supermicro's announcement that it would file its 10-K annual report late added to the worries, sending the shares into a downward spiral. But brighter days may be ahead for Supermicro. The company recently reported positive news, including findings by a special committee that looked into its reporting practices. The committee found no evidence of misconduct and no need for a restatement of reported financials. And, now, Supermicro has a new catalyst right around the corner, on Feb. 11, when it is scheduled to give a "business update." Will the stock soar after that date? Investing success is about much more than short-term stock moves, but let's gather some clues. First, let's consider Supermicro's story so far -- from the best moments to the troubles in the second half of last year. Supermicro has been around for more than 30 years, providing equipment for companies and data centers, but it saw revenue truly take off over the past couple of years as the need for AI equipment surged. Supermicro became a leader thanks to its ability to quickly tailor a system to each individual customer's needs and include the very latest innovations from partners. The company is able to do this because its systems contain many similar parts, streamlining the customization process. And Supermicro works hand-in-hand with Nvidia and other top chip designers to immediately integrate their newest launches into its platforms. All of this helped Supermicro to report its first quarter of more than $3 billion in revenue early last year, surpassing its 2021 annual revenue. Supermicro's shares climbed so high that it announced a stock split, completed in the fall, to make them more accessible to a broader range of investors. And the S&P 500 invited the company to join, signaling it had become one of the major companies powering growth today. However, as mentioned, concerns about Supermicro's financial reporting halted the stock's momentum. And the company's delay in filing its 10-K and a few weeks later a 10-Q quarterly report prompted the Nasdaq to send it a non-compliance letter. The risk was a delisting, but since then, Supermicro and the Nasdaq have agreed to a new deadline for the reports, and that's coming up later this month. Finally, the company said in early December that the special committee that reviewed Supermicro's reporting practices found "that there was no evidence of fraud or misconduct on the part of management or the board of directors." Now, let's consider what's happening on Feb. 11. Supermicro says it will provide a second-quarter fiscal 2025 business update. Investors should be on the lookout for a couple of key themes. First, any comments on growth in direct liquid cooling (DLC) orders -- an area of great potential for the company -- should be on your radar screen. DLC solves one of the biggest problems of AI data centers -- the buildup of extreme heat -- and Supermicro in November predicted that 15% to 30% of new data centers would opt for DLC in the coming 12 months. The server maker specializes in this area so could take significant market share. Second, during the quarter that ended in December, top chip designer Nvidia rolled out its new architecture, Blackwell, a potentially game-changing platform that's spurred enormous demand. In fact, Nvidia says demand has surpassed supply. In November, Supermicro launched its highest-performing supercluster, a system featuring Blackwell that "significantly" increases the number of Nvidia graphics processing units (GPUs) in a rack. And that equals huge gains in GPU compute density. Supermicro recently deployed the world's largest DLC supercluster, including 100,000 Nvidia GPUs. It will be important to see if Supermicro, in spite of the headwinds it has faced in recent months, still was able to benefit from the Blackwell launch and if this new architecture could generate revenue growth for the company in the quarters to come. As for actual financials, investors should look to Feb. 25, when Supermicro is expected to file its audited 10-K and 10-Q reports to get a clear picture of the situation. Even though Supermicro doesn't expect restatements, we'll be able to see what the audited reports show. Let's get back to our main question: Will Supermicro stock soar after Feb. 11? It's possible. If the company shows that certain elements like Nvidia's Blackwell launch or Supermicro's own DLC technology are driving growth, aggressive investors may pick up shares to get in early on this AI player, and that could lift the stock. But the most important date on Supermicro's calendar comes later this month, with the filing of its audited financials -- and I would wait for that moment before betting on any long-term trend for this AI stock.

Super Micro to file delayed annual report by February deadline

Feb 11 (Reuters) - Super Micro Computer (SMCI.O), opens new tab said on Tuesday it believes it will be able to file its delayed annual and quarterly reports with the U.S. Securities and Exchange Commission by February 25, after failing to submit the 10-K report by the August deadline. The server maker also cut its annual revenue forecast, as competition between server makers heats up for high-performance computers used to train artificial intelligence models. Super Micro, which has so far been one of the beneficiaries of a spending surge on advanced data center architecture that can support the complex processing needs of GenAI, faces intensifying competition from rivals such as Dell (DELL.N), opens new tab and HP Enterprise (HPE.N), opens new tab. Dell and HPE have also been doubling down on providing liquid cooling to their already large base of customers, further threatening Super Micro's competitive edge. The emergence of low-cost AI models from China's DeepSeek has also spooked Wall Street, with investors questioning the sky-high valuation and dominance of AI bellwethers. The company expects net sales between $23.5 billion and $25 billion for fiscal 2025, down from its earlier projection of $26 billion to $30 billion. The midpoint of the forecast is $24.25 billion, while analysts expect $24.92 billion in annual revenue, according to data compiled by LSEG. Super Micro received an extension until February 25 to file its annual and quarterly reports to avoid its stock being delisted from the Nasdaq in December. Reporting by Juby Babu in Mexico City; Editing by Alan Barona Our Standards: The Thomson Reuters Trust Principles., opens new tab Suggested Topics:Artificial Intelligence

Super Micro Reports Preliminary Q2 Earnings, Company Expects To File Delayed Reports In Coming Weeks - Super Micro Computer (NASDAQ:SMCI)

Super Micro Computer Inc SMCI reported preliminary second-quarter financial results after the market close on Tuesday. Here's a look at the key metrics the company expects to report from the quarter. Q1 Earnings: Super Micro expects to report second-quarter revenue of $5.6 billion to $5.7 billion, according to Benzinga Pro. The company expects to report second-quarter adjusted earnings of 58 cents to 60 cents per share. The company also expects to end Q2 with $1.4 billion of cash/cash equivalents, plus $1.9 billion of total debt. "With our leading direct-liquid cooling (DLC) technology and over 30% of new data centers expected to adopt it in the next 12 months, Supermicro is well positioned to grow AI infrastructure designs wins based on NVIDIA Blackwell and more," said Charles Liang, founder, president and CEO of Super Micro. "Combined with exceptional product quality, service, software, networking, and security with data center building blocks, Supermicro will expand our leadership as the premier US-based data center infrastructure solution provider." See Also: Alibaba Cloud's Growth Accelerates With AI, Analyst Weighs DeepSeek's Rising Competition Outlook: Super Micro expects third-quarter revenue to be in the range of $5 billion to $6 billion. The company anticipates third-quarter adjusted earnings of 46 cents to 62 cents per share. Super Micro also cut its full-year guidance. The San Jose, California-based company now expects full-year revenue to be in the range of $23.5 billion to $25 billion. That's down from prior guidance of $26 billion to $30 billion. What Else: Super Micro announced it entered into privately negotiated agreements with holders of its existing 0.00% Convertible Senior Notes due 2029 to purchase $700 million of its newly issued 2.25% Convertible Senior Notes due 2028. "In late 2024, the Company received subpoenas from the Department of Justice and the Securities and Exchange Commission seeking certain documents following the publication of allegations in a short seller report which was published in August 2024," the company said in the earnings release. "The Company is cooperating with these document requests. In addition, in connection with the delay in filing the periodic reports, several securities litigation complaints and derivative suits were filed against the Company. Management believes these complaints are without merit." Super Micro's independent auditor Ernst & Young resigned in October over governance and transparency concerns. An independent Special Committee found no evidence of fraud or misconduct on the part of management or the company's board. Super Micro has until Feb. 25 to file its report. The company announced Tuesday that it continues to work diligently toward the filing of its delayed reports. Super Micro expects to file the delayed reports, as well as Tuesday's report, before the deadline. Management will further discuss the quarter on a conference call with investors and analysts at 5 p.m. ET. SMCI Price Action: Super Micro shares were down 3.47% after hours, trading at $37.09 at the time of publication Tuesday, according to Benzinga Pro. Read Next: Stock Of The Day: Does Classic Head & Shoulders Pattern Mean Snap Goes Lower? Photo: Shutterstock SMCISuper Micro Computer Inc$39.68-6.96%Overview Rating:Speculative50%Technicals Analysis660100Financials Analysis400100WatchlistOverviewMarket News and Data brought to you by Benzinga APIs

What's Going On With Super Micro Computer Stock Tuesday? - Super Micro Computer (NASDAQ:SMCI)

Analysts are looking for earnings of 75 cents per share and revenue of $6.13 billion, as well as an update on delayed filings. Super Micro Computer Inc SMCI shares are trading lower Tuesday ahead of earnings after the bell. Here's what you need to know ahead of the report. What To Know: Super Micro is due to report fiscal second-quarter financial results after the market close on Tuesday. Analysts are looking for earnings of 75 cents per share and revenue of $6.13 billion, according to estimates from Benzinga Pro. Super Micro shares have rallied leading up to the report, having gained approximately 40% over the past five trading sessions at the time of writing. Strong revenue growth driven by the company's positioning in the AI space has helped push shares higher in recent years, but the reported numbers face skepticism from bears who await an update on the company's delayed filings. In July, Super Micro's auditor Ernst & Young communicated concerns about several matters related to governance, transparency and completeness of communications, and warned that timely filing of the company's annual report was at significant risk. The independent auditor resigned in October over governance and transparency concerns and Super Micro launched an independent Special Committee review. The company said in December that the special committee's investigation found no evidence of fraud or misconduct on the part of management or the company's board. Super Micro adopted all of the special committee recommendations and announced that it would be able to file its annual report for the fiscal year ended June, 30 within the discretionary period granted by the Nasdaq. Super Micro has until Feb. 25 to file its report. Check This Out: Sam Altman Says Elon Musk's $97B Bid For OpenAI Is A Move To 'Slow Down A Competitor' Loop Capital's Ananda Baruah is positive on Super Micro heading into earnings. The analyst believes the company stands to benefit from tightening internal controls related to the delayed filings. On the other hand, Wedbush's Matt Bryson is cautious ahead of the report, citing "substantial unknowns" that could impact the company's results. The analysts maintained a Neutral rating on shares until there is more clarity around the delayed filings. SMCI Price Action: Super Micro shares were down 3.81% at $41.03 at the time of publication Tuesday, according to Benzinga Pro. Read Next: SMCI Stock Bullish Ahead Of Q2 Earnings, But 25% Downside Looms, Analysts Warn Photo: Shutterstock. SMCISuper Micro Computer Inc$41.13-3.56%Overview Rating:Speculative50%Technicals Analysis660100Financials Analysis400100WatchlistOverviewMarket News and Data brought to you by Benzinga APIs

What's Going On With AI Infrastructure Provider Supermicro's Stock Today? - Super Micro Computer (NASDAQ:SMCI)

Systems support air and liquid cooling for optimized performance. Shares of Information Technology company, Supermicro Inc. SMCI, are trading higher on Wednesday. The company has launched its fully available AI data center Building Block Solutions, utilizing the NVIDIA Corp NVDA Blackwell platform. This new solution delivers scalable, high-performance infrastructure crucial for AI/ML, HPC, and cloud applications. The systems comes in both air-cooled and liquid-cooled versions, with various CPU choices, all engineered for rapid deployment. The enhanced portfolio now features systems equipped with advanced thermal technologies, including liquid-to-liquid (L2L) and liquid-to-air (L2A) cooling. These improvements is expected to boost both performance and energy efficiency. "In this transformative moment of AI, where scaling laws are pushing the limits of data center capabilities, our latest NVIDIA Blackwell-powered solutions, developed through close collaboration with NVIDIA, deliver outstanding computational power," said CEO Charles Liang. Supermicro has prioritized enhancing its system cooling performance with the introduction of the NVIDIA HGX B200 8-GPU systems. These feature advanced liquid and air cooling technologies, including new cold plates and a 250kW coolant distribution unit (CDU), which more than doubles the cooling capacity. Offered in 42U, 48U, or 52U configurations, these systems can accommodate up to 96 GPUs within a single rack, meeting the high demands of AI data centers. For extensive deployments, Supermicro's newly developed SuperCluster solution incorporates NVIDIA Quantum-2 InfiniBand or NVIDIA Spectrum-X Ethernet networking, enabling support for up to 768 GPUs across nine racks. This configuration, along with the powerful NVIDIA AI Enterprise software, facilitates the rapid development and deployment of production-ready AI systems. The infrastructure is backed by global support, with production plants in San Jose, Europe, and Asia, ensuring prompt delivery and consistent quality control. Price Action: SMCI shares are trading higher by 8.3% at $31.59 at last check Wednesday. Read Next: Jeep Maker Stellantis Unveils Organizational Overhaul Photo: Shutterstock SMCISuper Micro Computer Inc$31.437.77%Overview Rating:Good62.5%Technicals Analysis660100Financials Analysis600100WatchlistOverviewNVDANVIDIA Corp$122.953.62%Market News and Data brought to you by Benzinga APIs