U.S. Stock Movement | SUPER MICRO COMPUTER INC (SMCI.US) Rises Slightly After Launching New AMD Instinct MI350 Series GPU-Optimized Server Solutions

Stock News
Nov 21

On Thursday, shares of SUPER MICRO COMPUTER INC (SMCI.US) saw a modest increase in early trading, following a pre-market surge of over 5%. At the time of reporting, the stock was up more than 1.6%, trading at $34.27. The company announced the launch of its latest AMD Instinct MI350 series GPU-optimized server solutions, further strengthening its product lineup in high-performance computing and AI infrastructure.

SUPER MICRO COMPUTER INC stated that the newly introduced systems are specifically designed for enterprises requiring the high-end computing power of AMD Instinct MI355X GPUs but needing deployment in air-cooled environments. Compared to the previous generation, the new servers deliver up to 4x improvement in AI training performance and a remarkable 35x leap in inference capabilities. This enhancement significantly boosts deployment efficiency for large language models (LLMs), generative AI, and scientific computing applications.

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