January 29th, 2024
Supermicro (SMCI) Fiscal Q2 2024 Results
CEO TAKEAWAYS

• Q2 FY24 Revenue
• Q2 FY24 revenue: $3.66B, +103% YoY and +73% QoQ
• Continued record demand for AI systems at rack scale – NVIDIA H100/A100/L40S, Intel Gaudi 2/PVC, AMD MI200/250
• Key component supply gradually improved throughout the quarter
• Continued development with NVIDIA GH200 Grace Hopper and Grace Superchips enabling first to market position
• Next Gen AI designs for NVIDIA H200/B100, AMD MI300X, and Intel Gaudi3
• 5th Gen Intel® Xeon® Processors Complete Family of X13 Servers are shipping
• Released several AMD Solutions, including H13 WIO Edge Series
• Released E1.S/E3.S All-Flash Storage Solutions and E3.S CXL Memory Module Expansion Solutions for all flash vendors
• Executing on Our Strategy
• Total IT Rack Solutions are being released for emerging CPU/GPU/DPU offerings using Building Block Architecture
• Advanced our single source Liquid-Cooling infrastructure solutions, supporting Data Center, Racks, and Management
• Economies of scale and operational efficiencies expected with ongoing expansion in San Jose, Taiwan, and Malaysia
• Q3 FY24 revenue guidance: $3.7B to $4.1B, 188% to 219% YoY growth
• FY24 revenue guidance: $14.3B to $14.7B, 101% to 106% YoY growth
  TOTAL IT SOLUTIONS – OUR PATH TO $25B+
  5S: Software, Service, Switch,
  Storage, Security & More
  ▪ Total IT Solutions: Enterprise,
  OEM Appliance / Cloud
  ▪ Complete Systems
  ▪ Subsystems & Components

4,000 Racks per month production capacity as of Q2
CY24, with a path to significantly increase liquid cooling rack
capacity over the next few quarters
Total IT Solutions for Better Customer Value
Hardware + Software + Services

• Rack-scale plug-and-play solution with Building Block
  architecture
• Scalable optimized AI (Generative AI) & general compute,
  storage, software & service
• Free-air, liquid-cooling and traditional air-cooling technologies
  provide customers the optimized datacenter solution
• Leading energy efficiency and lower TCO
• One-stop-shop
  Server software management solutions drive optimization and higher infrastructure security

Building Block Solutions

• System optimization for
  different business verticals
  & workloads
• Broad product portfolio
• Service cost reduction
• Faster time-to-market
  Silicon Valley Advantages
• Early and quick access to
  R&D resources and new
  technologies
• 50% of our employees in
  the Bay Area are engineers
• Close to leading technology
  partners
• First-to-market
  Under the Same Roof
• Operations in three time
  zones (US/TW/NL)
• From partnership, design,
  to production and service
• All collaboration and
  business base on Building
  Block Methodology
• Secure solutions
  Optimized Total Solution
• Rack-scale to speed up
  customer deployment
• Firmware, software, and
  global onsite service
• Application-optimized,
  greener, and lower TCO and
  TCE

GREEN COMPUTING FOR THE PLANET
9 Better Faster Greener © 2024 Supermicro
https://www.statista.com/statistics/1229367/data-center-average-annual-pue-worldwide/
https://www.statista.com/statistics/219596/worldwide-server-shipments-byvendor/#:~:text=In%202020%2C%2012.15%20million%20server,figure%20recorded%20in%202018%20too.
https://www.electricrate.com/data-center/electricity-prices-by-country/#:~:text=If%20we%20averaged%20out%20the,the%20global%20average%20electricity%20price.
500MW Coal Power Plant. https://www.mcginley.co.uk/news/how-much-of-each-energy-source-does-it-take-to-power-your-home/bp254/
https://www.energy.gov/fecm/science-innovation/office-clean-coal-and-carbon-management/advanced-energy-systems/transformative
https://www.eia.gov/tools/faqs/faq.php?id=74&t=11
https://www.co2meter.com/blogs/news/could-global-co2-levels-be-reduced-by-planting-trees
Green Computing Data Reference:

• Improve Industry PUE (Target 1.05)
• Adopting More Efficient Data Center Cooling
• Optimal Free-Air Cooling PUE @ 1.06
• Optimal Liquid or Submerged PUE @ 1.05
• >$10B TCO Savings across industry
• >8B Trees Saved
• >30 Fossil Fuel Power Plants Reduction
  300,000+ Supermicro Resource-Saving Blade Servers:
• $20M in operating expense savings annually
• Cut refresh costs by >44%
• Achieves record PUE of 1.06