Super Micro Computer Targets 2M Global Servers Annually at Lower Cost By Summer 2021

Super Micro Computer Inc SMCI doubled its manufacturing capacity to meet the global Cloud, AI, and 5G/Edge induced server and storage demand.
The company has almost completed expansion at both the U.S. and Taiwan campuses.
The new manufacturing facilities will ensure lower costs by leveraging U.S. design with Taiwan’s lower-cost manufacturing.
Supermicro will be able to produce over two million servers annually by mid-summer 2021, effectively doubling capacity.
Rack-level design reduces pricing for customers. Supermicro will deliver fully configured and tested racks to global customers through the Supermicro Rack Scale Plug and Play Solutions ability.
The assembly lines will produce a range of servers and rack level integration consisting of Supermicro products and third-party components.
Price action: SMCI shares are up 2.22% at $35.99 on the last check Wednesday.