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Super Micro Plans to Raise $7 Billion in Equity for AI Equipment
Super Micro Plans to Raise $7 Billion in Equity for AI Equipment Super Micro Computer Inc. plans to raise $7 billion through a package of equity offerings to purchase the components needed to fulfill customers’ orders for the company’s artificial intelligence servers. The offering will consist of $5 billion in underwritten offerings and $2 billion in an at-the-market program, which would involve Super Micro selling shares directly into the open market from time to time beginning “no earlier”...
Super Micro Computer plans to raise $7 billion in equity offerings
Super Micro Computer plans to raise $7 billion in equity offerings Source: Reuters Subscribe to our Chief Editor’s Week in Review Our chief editor shares analysis and picks of the week's biggest news every Saturday. Get our pick of top stories and thought-provoking articles in your inbox Subscribe hereStay updated with notifications for breaking news and our best stories Download hereGet WhatsApp alerts Join our channel for the top reads for the day on your preferred chat app Join hereWe...
Super Micro stock tumbles on $7 billion financing plans as company touts AI server orders
Super Micro Computer shares sank 9% in extended trading on Tuesday after the computer server maker announced $7 billion in equity-related financing deals to help to cover the cost of hardware component purchases. The company said it's planning $5 billion in underwritten stock offerings and a $2 billion at-the-market offering, starting in July, through arrangements with JPMorgan Chase, Goldman Sachs and Citigroup. Companies often see their share price drop after announcing stock sales, as...
Super Micro Computer to raise $7 billion in equity offerings to meet AI server demand
Super Micro Computer to raise $7 billion in equity offerings to meet AI server demand June 9 : Super Micro Computer said on Tuesday it would raise $7 billion through a series of equity and equity-linked financing transactions to fund the purchase of components needed to meet the growing demand for its advanced AI servers. The company said it will use the proceeds to fulfill orders worth about $39 billion for its advanced AI servers from more than 20 customers. AI infrastructure firms have...
HPE fast forwards to 2028 goals on robust AI demand, shares surge 36%
HPE fast forwards to 2028 goals on robust AI demand, shares surge 36% June 1 : Hewlett Packard Enterprise posted record second-quarter results on Monday, prompting it to accelerate its long-term financial goals by two years, as expansion of AI data centers boosts demand, sending its shares up 36 per cent in extended trading. HPE, which competes with Dell and Super Micro Computer, is benefiting as customers increasingly buy its servers and networking products to power AI applications such as...
HPE lifts forecast past 2028 goals on robust AI demand, shares surge 36%
HPE lifts forecast past 2028 goals on robust AI demand, shares surge 36% June 1 : Hewlett Packard Enterprise posted record second-quarter results on Monday, prompting it to accelerate its long-term financial goals by two years, as expansion of AI data centers boosts demand, sending its shares up 36 per cent in extended trading. HPE, which competes with Dell and Super Micro Computer, is benefiting as customers increasingly buy its servers and networking products to power AI applications such...
AI-designed universal coronavirus vaccine passes first human trial
AI-designed universal coronavirus vaccine passes first human trial - Date: - June 5, 2026 - Source: - University of Cambridge - Summary: - Scientists have successfully tested an AI-designed universal coronavirus vaccine in humans for the first time, finding it to be safe and well tolerated. The vaccine generated immune responses against multiple coronaviruses, including SARS-CoV-2, SARS, and related bat viruses with pandemic potential. By targeting features shared across an entire virus...
The Old Campaign Playbook Is Dead
Subscribe here: Apple Podcasts | Spotify | YouTube How do you build a winning campaign for the era of AI? In the aftermath of the 2024 race, Democrats have been struggling to adapt to the new logic of the attention economy.
Ahoy, DECmate II the little PDP-8 that could
Now, that's a lot of word processing. But under the hood it's still at least PDP-8 adjacent, even considering its oddities and incompatibilities, and you can make it do many of the things a full-size Eight can. We'll take this basic unit, convert the floppy drives to solid state, tap the video output, and put it through its paces.
'I never thought he'd grow up to be the player he ...
THERE WAS A time not long ago, when Jalen Brunson questioned all the same things about himself that his critics did. His size, his athleticism, his talent. Becky Hammon hadn't even been asked about whether a stocky, 6-foot-2 point guard could really be the best player on a New York Knicks team with championship aspirations, let alone one that's two wins away from the franchise's first title since 1973 as the NBA Finals continue tonight from Madison Square Garden at 8:30 p.m. ET on ABC.