New York— Super Micro Computer Inc. (NASDAQ: SMCI) is ramping up its bet on artificial intelligence by unveiling more than 30 new AI-focused systems powered by Nvidia’s latest Blackwell GPUs.
The announcement came during Nvidia’s GTC Paris event, aligning with CEO Jensen Huang’s push into European AI markets. These new Supermicro offerings are designed for air- and liquid-cooled configurations using Nvidia’s HGX B200, GB200 NVL72, and RTX PRO 6000 GPUs.
The move highlights Supermicro’s first-mover advantage in AI server infrastructure, particularly in Europe, where demand for scalable, energy-efficient systems is rising rapidly.
Supermicro, based in San Jose, is a global supplier of high-performance servers and storage solutions built for AI, cloud, and edge applications. Its advanced cooling technologies and energy-efficient designs give it an edge in the AI infrastructure race.
After plunging nearly 60% from its 52-week high, SMCI stock has rebounded more than 35% year to date. The stock now trades at 25x forward earnings and 1.1x forward sales — both below industry averages.
This suggests the stock may offer an attractive entry point for investors looking to gain exposure to AI infrastructure at a relative discount.
In May, Supermicro reported fiscal Q3 revenue of $4.6 billion, a 19.5% year-over-year increase. Earnings per share came in at $0.31, slightly above estimates.
However, gross margins declined to 9.6% from 15.5% a year earlier. Rising AI chip costs and stiff competition weighed on profitability.
Despite these headwinds, Supermicro maintained a strong cash position of $2.5 billion, which matches its total debt and provides flexibility for future investment.
The company lowered its full-year revenue forecast to between $21.8 billion and $22.6 billion — down from a previous range of $23.5 billion to $25 billion. Even so, this would still represent nearly 50% annual growth.
Supermicro is actively investing in expansion. It spent $33 million on capital expenditures in Q3 alone, fueling new capacity and R&D.
Its close partnership with Nvidia remains central to its strategy. By aligning product rollouts with Nvidia’s roadmap, Supermicro ensures compatibility and market relevance.
This strategy positions SMCI to benefit as major tech players like Amazon and Meta increase data center investments to support AI workloads.
Wall Street analysts remain divided on the stock. Of 15 analysts, four rate SMCI a “Strong Buy,” three call it a “Moderate Buy,” six say “Hold,” and two recommend selling.
The average price target sits at $45.13, close to current trading levels. However, the most bullish target of $100 suggests potential upside of more than 140%.
For long-term investors, Supermicro’s growing AI footprint, healthy balance sheet, and deep Nvidia ties may outweigh near-term volatility.
If the AI infrastructure boom continues, SMCI could be well-positioned as a leading provider of next-generation computing hardware.