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Super Micro Computer, Inc (SMCI) stock trades lower due to price hike news for its AI chip production services. Supermicro also launched new X14 server portfolio with improved performance and energy efficiency.
(Bloomberg) -- Hewlett Packard Enterprise Co. reported revenue that beat analysts’ estimates on a big jump in sales of servers built to handle artificial intelligence work. The shares gained 17% in extended trading.Most Read from BloombergModi Vows to Retain Power Even as Party Loses India MajorityShort Sellers in Danger of Extinction After Crushing Stock GainsModi’s Magic Is Fading Fast. Who’s Next for India?BlackRock, Citadel Back Texas Stock Exchange in Challenge to NYSEBonds Rally as Traders
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AI server vendor Super Micro Computer, Inc (NASDAQ:SMCI) stock traded lower Tuesday in sympathy with the broader semiconductor industry as Taiwan Semiconductor Manufacturing Co (NYSE:TSM) weighs price hikes for its AI chip production services as per a Nikkei Asia report. Meanwhile, at Computex 2024, Supermicro launched its X14 server portfolio, supporting Intel Corp (NASDAQ:INTC) Xeon 6700-series processors with E-cores and future support for Intel Xeon 6900 series processors with P-cores. Based
Sharp Corp and Japanese telecom giant KDDI Corp plan to launch one of the largest artificial intelligence data centers in Asia by converting the electronics maker's liquid crystal display panel plant in Osaka Prefecture, the companies said Monday. The data center is expected to be equipped with next-generation graphics processing…