Supermicro and AMD Roll Out Multi-Node Servers To Enhance Cloud Computing

Benzinga05-22

Supermicro, Inc (NASDAQ:SMCI) announced additions to the Advanced Micro Devices, Inc (NASDAQ:AMD)—based H13 generation of CPU Servers powered by the AMD EPYC 4004 Series processors. Supermicro will ...

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With ten servers in just 3U of rack space, customers can increase their computing density by over 3.3X. \nThe 3U multi-node MicroCloud system offers a space-saving design and low power consumption optimized for web and dedicated hosting, cloud gaming, and content delivery networks.\nSupermicro’s servers, powered by AMD EPYC 4004 CPUs, cater to small to mid-sized businesses looking to expand into new opportunities.\nIn April, Supermicro reported third-quarter sales of $3.85 billion, up by 200% year-on-year, which missed the analyst consensus of $3.95 billion. The company reported EPS of $6.65, which beat the analyst consensus of $5.78.\nAnalysts noted continued sales momentum for the pure-play AI server vendor, thanks to strong demand from Tier-2 CSPs and enterprises . They also flagged concerns over potential margin erosion and the need for additional capital.\nSuper Micro Computer stock gained 446% in the last 12 months. Investors can gain exposure to the stock via ERShares Entrepreneurs ETF (NASDAQ:ENTR) and Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR).\nPrice Action: SMCI shares were up 0.79% at $906.01 premarket at last check Wednesday.\nPhoto via Shutterstock\n\"ACTIVE INVESTORS' SECRET WEAPON\" Supercharge Your Stock Market Game with the #1 \"news & everything else\" trading tool: Benzinga Pro - Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n\nADVANCED MICRO DEVICES (AMD): Free Stock Analysis Report\nSUPER MICRO COMPUTER (SMCI): Free Stock Analysis Report\n\nThis article Supermicro and AMD Roll Out Multi-Node Servers To Enhance Cloud Computing originally appeared on Benzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. 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