US Stock Market Move | Super Micro Computer, Inc. (SMCI.US) slightly increased the release of the new AMD Instinct MI350 series GPU optimized server solutions.
As of the time of writing, the stock has risen more than 1.6%, trading at $34.27.
On Thursday, Super Micro Computer, Inc. (SMCI.US) saw a small increase in its stock price in early trading, rising over 5% pre-market at one point. As of the time of writing, the stock has risen over 1.6% to $34.27. On the news front, the company announced the launch of the latest AMD Instinct MI350 series GPU-optimized server solutions, further strengthening its product layout in the high-performance computing and AI infrastructure fields.
Super Micro Computer, Inc. stated that the new system introduced this time is designed specifically for enterprises that require high-end computing power with AMD Instinct MI355X GPUs but must be deployed in air-cooled environments. Compared to the previous generation of products, the new server can achieve up to 4 times the AI training power improvement and up to 35 times the inference performance leap, significantly enhancing enterprises' deployment capabilities in areas such as large language models (LLM), generative AI, and scientific computing.
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