AI Server Provider Super Micro Computer, Inc. (NASDAQ:SMCI) stock traded lower Tuesday in sympathy with the broader semiconductor industry as Taiwan Semiconductor Manufacturing Company (NYSE:TSM) evaluates price increases for its AI chip production services according to Nikkei Asia report.
Meanwhile, at Computex 2024, Supermicro launched its X14 server portfoliosupporting Intel Corp. (NASDAQ:INTC) Xeon 6700 series processors with E cores and future support for Intel Xeon 6900 series processors with P cores.
Based on proven platforms, the servers include various rack-mount servers and high-density multi-node servers like SuperBlade, BigTwin and GrandTwin. X14 systems are optimized for AI, cloud, storage and 5G/Edge applications, delivering significant improvements in performance and power efficiency.
Supermicro’s new Intel Xeon 6 processors feature both E-cores and P-cores, delivering improved performance for AI workloads and higher memory bandwidth.
The company also offers complete liquid cooling solutions, improving efficiency and reducing total cost of ownership.
Recently, Supermicro partnered with Apple Inc. (NASDAQ:AAPL) supplier Foxconn, Japanese electronics company KDDI and telecom partner Sharp for build an AI data center in Japan, taking advantage Nvidia Corp. (NASDAQ:NVDA) advanced chips.
Supermicro stock has gained 245% over the past 12 months. Investors can gain exposure to the stock via Tidal Trust II YieldMax Ultra Option Income Strategy ETF (NYSE:ULTY) And Tidal ETF Trust II Pinnacle Targeted Opportunities ETF (NYSE:FCUS).
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