What's Going On With Super Micro Computer Shares Wednesday?

Super Micro Computer, Inc. SMCI stock is trading higher on Wednesday after the company unveiled new Intel Xeon 6-Powered servers.

The Details: The servers are designed to enhance AI performance and efficiency at the edge, featuring over 40% more memory bandwidth and up to 144 CPU cores.

“As the demand for Edge AI solutions grows, businesses need highly reliable, compact systems that can process data at the edge in real-time,” said Charles Liang, president and CEO of Supermicro. 

“Our latest generation of edge servers deliver advanced AI capabilities for enhanced efficiency and decision-making close to where the data is generated. With up to 2.5 times core count increase at the edge with improved performance per watt and per core, these new Supermicro compact systems are fully optimized for workloads such as Edge AI, telecom, networking, and CDN.”

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SMCI Price Action: At the time of writing, Super Micro stock is trading 5.17% higher at $42.97, according to data from Benzinga Pro.

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