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The Markets
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Hardware & electrical equipment

Super Micro Computer shares soar on strong GPU shipments

Super Micro Computer Inc (NASDAQ:SMCI) shares surged more than 15% after the chipmaker revealed strong shipments of its graphics processing units (GPUs) driven by AI demand.

The company said it is currently shipping more than 100,000 graphics processors per quarter.

It also unveiled a new suite of liquid cooling products that can help AI firms cut their data center energy costs.

The solution includes Coolant Distribution Units (CDUs), cold plates, Coolant Distribution Manifolds (CDMs), cooling towers and end to end management software.

"Supermicro continues to innovate, delivering full data center plug-and-play rack scale liquid cooling solutions," Super Micro CEO Charles Liang commented.

"Our complete liquid cooling solutions, including SuperCloud Composer for the entire life-cycle management of all components, are now cooling massive, state-of-the-art AI factories, reducing costs and improving performance."

Shares of Super Micro were up 15.2% at $47.50 on Monday afternoon.

The update also boosted rival chipmaker Nvidia (NASDAQ:NVDA, ETR:NVD), which added 3.6% at about $129.

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