About Super Micro Computer, Inc. - Common Stock (SMCI)
Super Micro Computer is a leading provider of high-performance computing solutions, specializing in the design, development, and manufacturing of advanced server hardware and related software. The company focuses on delivering innovative server architectures and integrated solutions that optimize computing efficiency and maximize return on investment for data centers and enterprise customers. Super Micro offers a wide range of products, including rack-mounted servers, high-density solutions, and storage systems, catering to a variety of industries such as cloud computing, artificial intelligence, and big data analytics. By emphasizing energy efficiency and scalability, Super Micro aims to meet the evolving demands of the technology landscape while supporting customers' objectives for optimized performance and reduced environmental impact. Read More
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Super Micro Computer, Inc. (NASDAQ: SMCI) (“Supermicro” or the “Company”), a Total IT Solution Provider for AI, Cloud, Storage, and 5G/Edge, today announced that it has entered into a strategic partnership under a memorandum of understanding (“MOU”) with DataVolt to build hyperscale AI campuses initially in the Kingdom of Saudi Arabia.
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Shares of server solutions provider Super Micro (NASDAQ:SMCI) jumped 17.7% in the morning session after the company announced shipments of high-density servers powered by AMD's EPYC 4005 processors and revealed a $20 billion multi-year partnership with Saudi data center firm DataVolt. The deal aims to accelerate delivery of GPU platforms for hyperscale AI campuses in Saudi Arabia and the U.S.
