The story of Super Micro Computer: This was how the promotion to the established company was

• Foundation in 1993 in San Jose
• Nasdaq IPO in 2007
• Annual turnover of over seven billion US dollars in 2023

1990s: foundation and fast expansion

The computer hardware manufacturer Super Micro Computer, also known as Supermicro, was founded in 1993 in San Jose, USA, by Charles Liang, a native Taiwanese with degrees in electrical engineering from the National Taiwan University and the University of Texas in Arlington, as well as his wife Chiu-Chu Liu Liang. As early as 1994, one year after its foundation, 30 percent of system companies in North America used Supermicro products. The following year, Supermicro produced the world’s first X86 DP serverboards, which are responsible for data transmission within a computer. In 1996, the company expanded its operations to Taiwan and presented the first i20-capable server board worldwide at Comdex, a trade fair for computers and information technology. In 1998 the first European branch in the Netherlands followed.

2000: Innovation boost and IPO

With the turn of the millennium, the Supermicro innovation pace accelerated. The company introduced a number of new branches of the industry, including the first dual-intel Xeon server based on the Intel, 860 chipset in 2001 and the world’s first 533MHz FSB Rackmount server system in 2002. In 2003, Supermicro presented the first 64-bit 1U ittanium2 platform and the first 1U server with 1 terabyte SATA memory. The introduction of the Superblade product line and the first Double-Density 1U Twin server in 2007 marked another important step by the company. In the same year, the IPO on the US Nasdaq was also carried out under the SMCI symbol.

2010: Exceeding $ two billion in annual sales

In the following years, Supermicro continued his focus on scaling and efficiency. In 2011, the company introduced a number of new server systems with twinblade, GPU Superblade, Superrack and Microcloud Platforms. In the following year 2012, the next big milestone followed with the exceeding annual turnover of $ 1 billion. In the same year, the company also opened the Supermicro Taiwan Science and Technology Park.

In 2016, the company exceeded two billion US dollars in the annual turnover, driven by new innovations and was named the fastest-growing IT infrastructure company by the renowned Fortune Magazine. In 2018, the company was listed by the International Data Corporation (IDC) as the third largest provider of server systems.

2020s: Innovation and expansion of production space is progressing

With the beginning of the 2020s, Supermicro deepened its role as a pioneer in scalable infrastructure: In 2021, over 100 new systems based on the Intel Xeon Scalable platform were launched, accompanied by an expansion of the global production area to around 278,000 m². In 2022 the introduction of the so-called “Command Center with AutoConfigurator” and complete product lines followed based on the Intel Sapphire Rapids and AMD Epyc “Genoa” architectures. 2023 was a milestone year: the company for the first time recorded a quarterly turnover of $ 2 billion and achieved annual sales of $ 7.12 billion.

In the 2024 financial year (June 30, 2024), Supermicro achieved a record value of $ 14.94 billion with a sales jump of 110 percent in the previous year, while the profit broke through the billion mark for the first time. At the same time, the Supervisory Board gave the decision for a 10-by-1 share split in August, which became effective on October 1, 2024. As early as March 18, 2024, Supermicro was recorded in the S&P 500 – an important step towards integration into global index funds.

At the end of 2024, however, governance topics provided turbulence: On August 28, Supermicro announced that the form 10 K annual report was filed late because internal checks were checked. A few days later – on October 30th – the previous auditor Ernst & Young surprisingly resigned and referred to the information about management in his letter of resignation. The stock reacted with a price decline of over 30 percent. The Supervisory Board then appointed an independent special committee – whose final report dated December 2, 2024 did not provide any indications of misconduct in the management or board. In November 2024, Supermicro BDO USA commissioned as a new auditor and presented a comprehensive compliance plan at NASDAQ.

2025: Return to normality and Blackwell era

On February 25, 2025, the company finally submitted the late form 10-K for FY 2024 and the form 10-Q reports for the first two quarters of FY 2025 and thus restored the complete stock market compliance.

Supermicro continued its expansion on an operational level: A new manufacturing plant in Malaysia started operations at the end of 2024 and the Rack Scale production in Silicon Valley was significantly expanded to up to 1,500 liquid-cooled GPU races annually. At the same time, the company with more than 20 systems around Nvidia’s Blackwell architecture (RTX Pro 6000, HGX B200) initiated a new era – orders have been accepted since May 19, 2025. Despite the audit crisis, Management Supermicro sees clearly positioned in order to continue to win significant market shares in the global server market.

Editor finance.net

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