Published in News

Super Micro Computer surprises Wall Street

by on09 October 2024


Shipped more graphics processors than predicted

Super Micro Computer surprised the cocaine nose jobs of Wall Street with the news that it is currently shipping more than 100,000 graphics processors per quarter and has unveiled a new suite of liquid cooling products.

Wall Street has been downplaying Super Micro for no good reason, causing it to suffer a protracted slump. This means that the news that Wall Street has been getting spectacularly wrong resulted in a 14 percent rise in the AI server maker's shares.

It would appear that while Wall Street was talking up Nvidia’s chips, it forgot that chips need servers to work their GenAI magic and Super Micro makes AI servers.

In a statement, Super Micro revealed that it "recently deployed more than 100,000 GPUs with liquid cooling solution (DLC) for some of the largest AI factories ever built."

Should the current gains hold, Super Micro's market value is projected to increase by more than €3 billion.

The company is renowned for its liquid cooling technology, which is reported to offer power-saving benefits compared to the air cooling methods employed in some data centres.

The rally on Monday brought a measure of relief to Super Micro's investors.

Additionally, the company has introduced a new range of DLC products designed to enable the "highest GPU per rack density," accommodating up to 96 of Nvidia's B200 chips per rack.

Last modified on 10 October 2024
Rate this item
(2 votes)

Read more about: