San Jose, California – Super Micro Computer, Inc. saw a decline in its stock price on Tuesday, following the broader trend in the semiconductor industry. This drop came as Taiwan Semiconductor Manufacturing Co considered raising the prices for its AI chip production services, as reported by Nikkei Asia.
During Computex 2024, Supermicro unveiled its new X14 server portfolio at an event. These servers support Intel Corp’s Xeon 6700-series processors with E-cores and are planned to support future Intel Xeon 6900 series processors with P-cores.
The new X14 systems from Supermicro are designed to optimize performance for AI, cloud, storage, and 5G/Edge applications. They offer significant improvements in performance and energy efficiency, making them a competitive option in the market.
In a move to enhance performance for AI workloads and improve memory bandwidth, Supermicro introduced the new Intel Xeon 6 processors featuring both E-cores and P-cores. Additionally, the company offers comprehensive liquid cooling solutions to increase efficiency and reduce the total cost of ownership for customers.
Supermicro recently collaborated with key industry players such as Apple Inc., Foxconn, KDDI, and Sharp to build an AI data center in Japan. This partnership leverages Nvidia Corp’s advanced chips to drive innovation and efficiency in data processing.
Over the past year, Supermicro’s stock has seen a significant increase of 245%. Investors looking to gain exposure to the company’s growth can consider investing through ETFs like Tidal Trust II YieldMax Ultra Option Income Strategy ETF and Tidal ETF Trust II Pinnacle Focused Opportunities ETF.
In conclusion, Super Micro Computer, Inc. continues to make strides in the semiconductor industry with its innovative server solutions and strategic partnerships, positioning the company for further growth and success in the market.