Supermicro Eyes Texas, Mississippi For AI Server Growth As Microsoft, Amazon Increase Spending
From Yahoo Finance: 2025-05-21 09:20:00
Super Micro Computer plans to expand server production capacity in states like Mississippi and Texas. Big Tech giants like Microsoft and Amazon are investing in data centers for AI models. The company’s Chair and Chief, Charles Liang, sees global demand for AI. Super Micro Computer stock declined due to internal financing controls and delayed orders. The company now expects fiscal year sales to be lower than previously forecasted. Raymond James initiated coverage on Super Micro Computer, highlighting its dominance in branded server vendors. SMCI shares were trading higher by 1.19% premarket at $43.28.
Read more: Supermicro Eyes Texas, Mississippi For AI Server Growth As Microsoft, Amazon Increase Spending