Super Micro Expands X14 Server Lineup with Intel's Latest Xeon Chips

Super Micro Unveils Next-Gen Servers Powered by Intel's Latest Xeon Chips - Intel (NASDAQ:INTC), Super Micro Computer (NASDAQ:SMCI)

New X14 systems leverage Intel Xeon 6900 Series processors, targeting high-performance workloads. On Tuesday, artificial intelligence server company Super Micro Computer, Inc SMCI added new maximum-performance GPU, multi-node, and rackmount systems to the X14 portfolio. These systems are based on Intel Corp INTC Xeon 6900 Series Processors with P-Cores (formerly codenamed Granite Rapids-AP). Joining the X14 servers leveraging the Xeon 6700 Series Processors with E-cores launched in June 2024, today's additions aim to create the industry's broadest range of optimized servers supporting a wide variety of workloads from demanding AI, HPC, media, and virtualization to energy-efficient edge, scale-out cloud-native, and microservices applications. Also Read: Intel Secures Major Amazon Chip Deal, U.S. Grant Amid Restructuring Plans "Supermicro X14 systems have been completely re-engineered to support the latest technologies including next-generation CPUs, GPUs, highest bandwidth and lowest latency with MRDIMMs, PCIe 5.0, and EDSFF E1.S and E3.S storage," said Charles Liang, president and CEO of Supermicro. Supermicro's new X14 systems will also offer socket compatibility with the upcoming Intel Xeon 6900 series processors with E-cores and Intel Xeon 6700 series processors with P-cores. Last week, Needham analyst Quinn Bolton hailed Super Micro as a significant beneficiary of growing investment in AI infrastructure, a first mover in rack-level liquid cooling solutions. He forecasted a revenue CAGR of over 55% from fiscal 2021 to fiscal 2026. Super Micro Computer stock is up over 89% in the last 12 months. Bolton expects most of the risk associated with the review of its internal controls as priced in. Investors can gain exposure to the AI server company through Vanguard Mid-Cap Growth ETF VOT and SPDR Select Sector Fund - Technology XLK. Price Action: SMCI stock is down 0.25% at $464.77 at the last check on Tuesday. Also Read: Intel, Which Cratered Around 77% From Its 52-Week Peak, Finds A New Knight In Shining Armor As Qualcomm And Apollo Propose Buyout Deal, But This Analyst Thinks It Doesn't Make Sense: 'It Seems Very Risky To Us Given Uncertain Returns' Photo via Company Market News and Data brought to you by Benzinga APIs

Supermicro expands X14 server lineup with new Intel CPUs By Investing.com

SAN JOSE, Calif. - Supermicro, Inc. (NASDAQ: SMCI), a provider of IT solutions for various sectors, has announced the expansion of its X14 server portfolio with new systems optimized for high-performance computing (HPC), artificial intelligence (AI), and cloud services. The new servers are designed to accommodate the latest Intel (NASDAQ:INTC) Xeon 6900 Series Processors with P-Cores, augmenting the efficiency-optimized servers launched earlier this year that feature Intel Xeon 6700 Series Processors with E-cores. The upgraded X14 server family boasts over 15 product families with support for next-generation GPU capabilities, higher-bandwidth memory, and 400GbE networking. The servers also feature E1.S and E3.S drives and are equipped with direct-to-chip liquid cooling support. These advancements aim to meet the diverse needs of data centers, enterprises, and service providers by offering a wide range of workload-optimized servers. Supermicro's latest offerings include GPU-optimized platforms, high compute-density multi-nodes, and rackmount systems. The GPU-optimized platforms cater to AI training and virtualization applications, while the multi-node servers offer shared power and cooling resources to enhance efficiency. The rackmount servers are designed to help organizations scale their operations to match evolving workloads. The new X14 systems are designed with re-engineered architectures that support higher CPU core densities and updated memory slot configurations. They also support new MRDIMMs, which promise up to 37% better memory bandwidth compared to DDR5 DIMMs. The systems are expected to offer socket compatibility with upcoming Intel processors, adding flexibility for performance or efficiency optimization. In addition to hardware, Supermicro provides full rack integration services and in-house developed liquid cooling solutions. These solutions aim to increase system efficiency, reduce thermal throttling, and lower both the total cost of ownership (TCO) and the Total Cost to the Environment (TCE) for data center deployments. The announcement also highlighted Supermicro's commitment to delivering customized solutions that can be rapidly deployed at any scale, emphasizing the company's global manufacturing capacity and comprehensive suite of management software solutions. This expansion reflects Supermicro's strategy to provide a broad range of server solutions that can be tailored to specific workload requirements, from AI and HPC to energy-efficient applications at the edge of the network. The information is based on a press release statement from Supermicro. In other recent news, Super Micro Computer (NASDAQ:SMCI) has seen several significant developments. The company reported record annual revenues of $14.94 billion and fourth-quarter revenues of $5.31 billion. However, Loop Capital reduced its price target for Super Micro's stock while maintaining a buy rating, citing challenges in restoring gross margins and issues related to its 10-K filing. Super Micro also unveiled its high-density FlexTwin servers, designed for demanding High-Performance Computing workloads, and previewed its new X14 server platforms, built on the upcoming Intel Xeon 6900 series processors. Needham initiated coverage on Super Micro with a buy rating, forecasting a revenue compound annual growth rate of over 55% from fiscal year 2021 to 2026. However, Super Micro faced downgrades from Mizuho Securities, JPMorgan (NYSE:JPM), and Barclays (LON:BARC) due to concerns about profitability risks, regulatory uncertainty, and market share loss in the AI server market. The company is also dealing with allegations of accounting irregularities by Hindenburg Research, causing a delay in filing its annual report. Despite these issues, Rosenblatt maintained a buy rating on the company's shares. These are some of the recent developments at Super Micro Computer. Supermicro, Inc. (NASDAQ: SMCI) continues to strengthen its position in the technology sector with the expansion of its X14 server portfolio, targeting high-performance computing, artificial intelligence, and cloud services. The company's focus on innovation is reflected in its financial metrics and analyst expectations. With a market capitalization of $26.94 billion and a robust revenue growth of 109.77% over the last twelve months as of Q4 2024, Supermicro showcases a significant expansion in its financial scale. An InvestingPro Tip highlights that analysts anticipate sales growth in the current year, aligning with the company's strategic expansions and product launches. Moreover, Supermicro is trading at a low P/E ratio of 21.23 relative to near-term earnings growth, suggesting that the stock may be undervalued considering its growth prospects. Despite challenges such as weak gross profit margins, which stood at 14.13% over the same period, the company's operational efficiency and strategic direction have led to a high return on assets of 17.74%, indicating effective use of its asset base. Investors interested in Supermicro's financial health will note that the company operates with a moderate level of debt and that its liquid assets exceed short-term obligations, providing financial stability. For those considering an investment in Supermicro, additional InvestingPro Tips are available, with 15 more tips listed on the platform to guide potential investment decisions. For a deeper dive into Supermicro's financials and to access a comprehensive list of InvestingPro Tips, visit https://www.investing.com/pro/SMCI. These insights can provide investors with a more nuanced understanding of the company's performance and potential trajectory.