NEW YORK, January 1, 2026, 9:01 PM ET — Market closed.
Super Micro Computer shares last closed down 1.28% at $29.27 on Wednesday, the final trading day of 2025, with U.S. markets closed Thursday for the New Year’s Day holiday. The stock traded between $29.02 and $29.87 and saw about 24.8 million shares change hands. It has ranged between $25.71 and $66.44 over the past 52 weeks.
Supermicro said it added a high-density 6U (six rack-unit) SuperBlade system that can be configured with either air cooling or direct liquid cooling — circulating coolant through plates to draw heat off the CPU — and uses dual Intel Xeon 6900-series processors with up to 256 performance cores. “This new iteration is the most core-dense SuperBlade we’ve ever created,” Chief Executive Charles Liang said. The company said the chassis can cut cabling by up to 93% and use up to 50% less space than traditional 1U (one rack-unit) servers, supporting up to 100 servers per rack. Super Micro Computer
The timing matters as AI developers keep scaling data-center footprints, lifting demand for dense compute and power management. Elon Musk’s xAI bought a third building near Memphis, Tennessee, to boost training capacity to nearly two gigawatts and ultimately house more than one million graphics-processing units, Reuters reported. Reuters
Server vendors are racing to sell systems that can squeeze more performance into a rack without blowing out energy budgets. That puts Supermicro in a crowded field with bigger players such as Dell Technologies and Hewlett Packard Enterprise, while chipmakers like Intel and Nvidia set the pace on new platforms.
A regulatory filing from November showed Supermicro projected net sales of $10.0 billion to $11.0 billion for its fiscal second quarter ended Dec. 31 and said it expected fiscal 2026 net sales of at least $36.0 billion. The same release put gross margin — a measure of profit after production costs — at 9.3% and showed operating cash outflow of $918 million for the quarter ended Sept. 30. Investors are looking for evidence that the AI ramp is translating into steadier margins and cash generation.
Supermicro’s last quarterly report missed Wall Street estimates after delayed deliveries tied to last-minute configuration upgrades requested by a major customer, Reuters reported in November. Liang said about $1.5 billion of revenue shifted from the September quarter into the December quarter.
That history helps explain why the market reacts quickly to any hint of bottlenecks in integration, testing or customer acceptance. New hardware launches can add to demand, but traders have been quicker to price execution risk.
Smaller changes in AI spending plans can have outsized effects on hardware suppliers because orders are large and delivery schedules can move around a quarter boundary. For Supermicro, investors also focus on whether liquid-cooling features become a differentiator or a cost headwind.
Before Friday’s reopening, market participants will be watching whether SMCI can hold the $29 area and reclaim $30 after sliding through late December. Volatility often picks up in the first sessions of the year as portfolios rebalance.
MarketBeat lists Supermicro’s next earnings report as an estimated Feb. 24 release after the close and says the company has not confirmed the date. Any formal scheduling announcement will sharpen expectations around whether the company met its own targets for the December quarter.
When results land, investors will watch for updates on shipment timing, gross margin and cash flow, along with any changes to full-year guidance. Commentary on demand for next-generation AI platforms and the pace of customer deployments will likely drive near-term sentiment.
For now, Supermicro’s stock is trading as a read-through on AI data-center buildouts rather than a steady server cycle. The next catalyst is a clearer view on whether fast growth can turn into predictable deliveries and cash.
