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Supermicro head touts green computing at COMPUTEX keynote
Supermicro CEO Charles Liang unveils new AI tech and liquid cooling systems at COMPUTEX, highlighting significant savings, CO2 emissions cuts, and the potential for mainstream green computing.2024/06/05 11:40 -
Supermicro stock soars after surpassing financial forecasts
Supermicro, the U.S.-based server and computer manufacturer, experienced a stock price surge of over 10% during after-hours trading on Jan. 29. This increase followed the release of the company’s financials for the October-December 2023 period, which exceeded market expectations. Supermicro upgraded its full-year revenue outlook for the 2024 fiscal year from US$10-11 billion to US$14.3-14.7 billion. The current quarter’s sales estimate is US$3.7-4.1 billion, with an adjusted earnings per share of US$5.20-US$6.01. Net sales for the company have more than doubled from US$1.8 billion in the same period last year to $3.66 billion, surpassing the market estimate of US$3.42 billion. Supermicro CEO Charles Liang attributed the company’s success to winning new partners and the increasing demand for its optimized AI computer platforms and comprehensive IT solutions.2024/01/30 17:46