What's Going On With Super Micro Computer Stock?

Super Micro Computer, Inc. SMCI shares climbed in premarket trading Tuesday, but plunged at the opening bell. The company announced the launch of a high-density infrastructure platform optimized for AI inferencing at the network edge.

The Details:

Super Micro announced the launch of its 3U Edge AI inferencing system which supports eight dual-width GPU accelerator cards and is capable of running in traditional air-cooled environments.

The SYS-322GB-NR includes two Intel Xeon 6900 processors with P-cores, 8800 MT/s MRDIMM and up to 20 PCIe 5.0 expansion slots. Additionally, the server features up to 6TB of RDIMM memory and up to 14 E1.S or 6 U.2 NVMe drives.

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“Owing to the system’s optimized thermal design, Supermicro can deliver all this performance in a high-density 3U 20 PCIe system with 256 cores that can be deployed in edge data centers,” said Charles Liang, president and CEO of Supermicro. 

“As the AI market is growing exponentially, customers need a powerful, versatile solution to inference data to run LLM-based applications on-premises, close to where the data is generated. Our new 3U Edge AI system enables them to run innovative solutions with minimal latency,” Liang added. 

What Else:

SMCI shares climbed more than 15% on Monday after the company highlighted its deployment of over 100,000 GPUs for some of the largest AI factories ever built. The company also announced a complete liquid cooling solution that includes powerful Coolant Distribution Units (CDUs), cold plates, Coolant Distribution Manifolds (CDMs), cooling towers, and end-to-end management software.

Super Micro stock has been under pressure recently after the Department of Justice launched a probe into the company following an August short report from Hindenburg Research.

The short report highlighted allegations by former employee Bob Luong over the AI server company's inappropriate revenue recognition policies and the re-hiring of employees the company had terminated due to involvement with past accounting violations.

SMCI Price Action: According to Benzinga Pro, Super Micro Computer shares are down 5.97% at $44.87 at the time of publication Tuesday.

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