|
Technology
|
Super Micro's Remarkable Growth Amid AI Surge
2024-10-08 09:00:09
Technology
Artificial Intelligence
Business

Super Micro's Remarkable Growth Amid AI Surge

Super Micro Computer is experiencing a significant boost in its market presence, driven by the soaring demand for AI technologies. The company has reported impressive shipments of over 100,000 GPUs per quarter, utilizing Nvidia's advanced AI chips.

This surge is further enhanced by their innovative liquid cooling solutions, which promote energy efficiency. As Nvidia's third-largest customer, Super Micro plays a crucial role in the supply chain, contributing 9% to Nvidia's revenue.

The recent spike in Super Micro's stock, rising by 15.8%, reflects investor confidence despite scrutiny from short-sellers. Nvidia itself has seen a remarkable increase in market valuation, surpassing Microsoft to become the second-largest company globally.

Analysts predict continued growth for Nvidia, bolstered by the anticipated performance of its Blackwell chips. As companies like Amazon and Taiwan Semiconductor also navigate the AI landscape, Super Micro's ability to deliver effective solutions positions it favorably in a competitive market.

Overall, the intersection of AI demand and technological innovation is paving the way for Super Micro's promising future.

Related news on that topic:

Super Micro Computer's Resilient Surge Amid Challenges

Super Micro Computer (SMCI) is experiencing a notable resurgence, driven largely by its innovative liquid cooling solutions and robust shipments of over 100,000 GPUs. This technology not only enhances computing efficiency but aligns with the growing demands of AI factories. Despite facing scrutiny from a DOJ probe and previous allegations regarding revenue practices, the company has demonstrated resilience through increased server sales and a strategic focus on AI. Analysts see potential in its liquid cooling advancements, despite the high short interest that reflects ongoing market skepticism. The recent stock surge, propelled by AI trends and the launch of new products, marks a pivotal moment for Super Micro. While aggressive investors may find opportunities, caution is advised as the company navigates its internal challenges. The landscape remains dynamic, with Super Micro poised to capitalize on the expanding AI market while addressing past concerns.

The AI Stock Surge: Nvidia and AMD's Promising Futures

Nvidia's stock is poised for significant growth, potentially soaring 561% by 2030, driven by advancements in AI technology and its dominant market share in data center GPUs. With projections of $207 billion in revenue by fiscal 2027, the company must achieve a 30% annual growth rate to reach its ambitious $600 billion target. Meanwhile, AMD is also thriving, with a 147% stock increase this year as it establishes itself in the AI space. With a potential $5 billion in additional sales by capturing a mere 10% of the AI market, the company is well-positioned for success. Both Nvidia and AMD are leading the charge in the AI revolution, promising exciting returns for investors.

Read 7 more recent news on this topic

The press radar on this topic:

Yahoo Finance
7. Oktober 2024 um 16:40

Super Micro shares surge as AI boom drives 100,000 quarterly GPU shipments

Technology
Economy
Finance
Super Micro Computer, an AI server maker, is shipping over 100,000 GPUs per quarter using Nvidia's leading AI chips. The company's liquid cooling technology boasts greater power-saving. Hindenburg Research disclosed a short position, and short interest is over 20%. Super Micro launched a new range of DLC products enabling up to 96 of Nvidia's Blackwell B200 chips per rack. The company's shares have benefited from a rally in AI-linked shares and the "picks-and-shovels" trade on Wall Street. Gadjo..
Yahoo Finance
8. Oktober 2024 um 03:03

Chip stocks surge after Super Micro Computer says it's shipping 100,000 GPUs a quarter

Technology
Economy
Finance
Nvidia, Super Micro surging; Super Micro shipping 100,000+ GPUs/quarter for AI data centers; 70% of Super Micro's costs from Nvidia products; Nvidia's Blackwell GPUs in full production; Nvidia CEO Huang says "insane" demand for AI chips; Super Micro is Nvidia's 3rd largest customer, 9% of Nvidia's revenue; Nvidia's market valuation increased by $117 billion, Super Micro's by $4 billion.
Yahoo Finance
7. Oktober 2024 um 21:22

SMCI Stock: Supermicro Says It's Shipping 100K GPUs Per Quarter

Technology
Finance
Economy
SMCI, a San Jose, Calif.-based server company, announced it is shipping over 100,000 GPUs per quarter with liquid cooling solutions. The company's CEO stated they continue to innovate and deliver full data center plug-and-play rack scale liquid cooling solutions. SMCI stock rallied 15.8% after the announcement, reclaiming its 21-day line, following a Justice Department investigation into alleged accounting irregularities after an activist short-selling firm published a critical report. Meanwhi..
The Street
11. Oktober 2024 um 13:54

Nvidia CEO's bombshell raises the bar for the stock TheStreet Daily Newsletter

Technology
Economy
Finance
Nvidia's Blackwell chip is in high demand for AI workloads; major cloud providers are integrating it; Nvidia's stock has surged over 150% this year; Blackwell is expected to generate several billion dollars in revenue in Q4; Nvidia's latest earnings report beat expectations, and the company forecasts $32.5 billion in revenue; Nvidia plans to ship Blackwell GPUs to clients in Q4 of this year, with a consumer release expected in 2025; Oracle announced a $6.5 billion investment to establish a new..
CW

Account

Waiting list for the personalized area


Welcome!

InfoBud.news

infobud.news is an AI-driven news aggregator that simplifies global news, offering customizable feeds in all languages for tailored insights into tech, finance, politics, and more. It provides precise, relevant news updates, overcoming conventional search tool limitations. Due to the diversity of news sources, it provides precise and relevant news updates, focusing entirely on the facts without influencing opinion. Read moreExpand

Spotlighting today's most mentioned stocks in the media. Uncover the stories making waves in the stock market:

A closer look at the individuals who are leading today's news narratives. Find out what makes them the center of attention.

Exploring the five locations receiving the most media attention in the last 24 hours. Discover what puts these places in the global spotlight

Your World, Tailored News: Navigate The News Jungle With AI-Powered Precision!

News

All News
Politics
Technology
Economy
Business
Climate

About

About Us
Team + Mission

Legal

Cookie Settings
Disclaimer
Legal Notice
Data Privacy

Contact

Contact