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Supermicro Joins the Prestigious Nasdaq 100 Index® – Recognition of AI Innovation, Growth, Sustainability, and Global Market Capitalization

News

Supermicro Joins the Prestigious Nasdaq 100 Index® – Recognition of AI Innovation, Growth, Sustainability, and Global Market Capitalization
News

News

Supermicro Joins the Prestigious Nasdaq 100 Index® – Recognition of AI Innovation, Growth, Sustainability, and Global Market Capitalization

2024-07-15 21:06 Last Updated At:21:11

SAN JOSE, Calif.--(BUSINESS WIRE)--Jul 15, 2024--

Supermicro, Inc. (NASDAQ: SMCI), a Total IT Solution Provider for AI, Cloud, Storage, and 5G/Edge, has been selected to join the renowned Nasdaq 100 Index, which tracks 100 of the largest non-financial companies listed on the Nasdaq, requiring companies to maintain a weighting of at least 0.1% of the index's value. After hitting record highs recently, the Nasdaq 100 index underscores a company's significant impact, profitability, and leadership.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240715720569/en/

"Supermicro is honored to be included in the acclaimed Nasdaq 100 Index," said Charles Liang, president and CEO of Supermicro. "This milestone is a testament to our relentless dedication, innovative spirit, and unwavering commitment to exceeding customer expectations. We remain focused on driving first-to-market innovation, green computing, leading the emerging AI market, and sustainable growth while creating long-term shareholder value."

Learn more about Supermicro at www.supermicro.com.

As Supermicro continues to grow, it has achieved significant milestones, including joining the S&P 500, seeing explosive revenue growth year-over-year, continuous investment in technology and customer-centric solutions, and expanding with new manufacturing facilities to meet the growing demand with faster customer productivity. Recently our leading DLC solutions aim to grow our market share from 1% to 30% in one year.

About Super Micro Computer, Inc.

Supermicro (NASDAQ: SMCI) is a global leader in Application-Optimized Total IT Solutions. Founded and operating in San Jose, California, Supermicro is committed to delivering first-to-market innovation for Enterprise, Cloud, AI, and 5G Telco/Edge IT Infrastructure. We are a Total IT Solutions manufacturer with server, AI, storage, IoT, switch systems, software, and support services. Supermicro's motherboard, power, and chassis design expertise further enable our development and production, enabling next-generation innovation from cloud to edge for our global customers. Our products are designed and manufactured in-house (in the US, Taiwan, and the Netherlands), leveraging global operations for scale and efficiency and optimized to improve TCO and reduce environmental impact (Green Computing). The award-winning portfolio of Server Building Block Solutions® allows customers to optimize for their exact workload and application by selecting from a broad family of systems built from our flexible and reusable building blocks that support a comprehensive set of form factors, processors, memory, GPUs, storage, networking, power, and cooling solutions (air-conditioned, free air cooling or liquid cooling).

Supermicro, Server Building Block Solutions, and We Keep IT Green are trademarks and/or registered trademarks of Super Micro Computer, Inc.

All other brands, names, and trademarks are the property of their respective owners.

SMCI-F

Supermicro Joins the Prestigious Nasdaq 100 Index® – Recognition of AI Innovation, Growth, Sustainability, and Global Market Capitalization

Supermicro Joins the Prestigious Nasdaq 100 Index® – Recognition of AI Innovation, Growth, Sustainability, and Global Market Capitalization

(Graphic: Business Wire)

(Graphic: Business Wire)

Supermicro Joins the Prestigious Nasdaq 100 Index® – Recognition of AI Innovation, Growth, Sustainability, and Global Market Capitalization

Supermicro Joins the Prestigious Nasdaq 100 Index® – Recognition of AI Innovation, Growth, Sustainability, and Global Market Capitalization

WASHINGTON (AP) — A federal judge didn't have the authority to order the Trump administration to broker the return of a Maryland man who was mistakenly deported from the U.S. to a notorious El Salvador prison, government attorneys argued Saturday as they urged an appeals court to suspend the ruling.

U.S. District Judge Paula Xinis on Friday ordered the administration to “facilitate and effectuate” Kilmar Abrego Garcia's return to the U.S. by late Monday night. Justice Department lawyers asked the 4th U.S. Circuit Court of Appeals to immediately pause the judge's order.

“A judicial order that forces the Executive to engage with a foreign power in a certain way, let alone compel a certain action by a foreign sovereign, is constitutionally intolerable,” they wrote.

The appeals court asked Abrego Garcia's lawyers to respond to the government's filing by Sunday afternoon.

Abrego Garcia, a 29-year-old Salvadoran national, was arrested in Maryland and deported last month despite an immigration judge’s 2019 ruling that shielded him from deportation to El Salvador, where he faced likely persecution by local gangs.

His mistaken deportation, described by the White House as an “administrative error,” has outraged many and raised concerns about expelling noncitizens who were granted permission to be in the U.S.

Dozens of supporters gathered at the Greenbelt, Maryland, federal courthouse for Friday's hearing. A cheer erupted in the courtroom when Xinis ruled in favor of Abrego Garcia, whose wife, a U.S. citizen, was in attendance.

Xinis, who was nominated by President Barack Obama, said there was no legal basis for Abrego Garcia’s detention and no legal justification for his removal to El Salvador, where he has been held in a prison that observers say is rife with human rights abuses.

Abrego Garcia’s attorney, Simon Sandoval-Moshenberg, said the government has done nothing to get his client back, even after admitting its errors.

“Plenty of tweets. Plenty of White House press conferences. But no actual steps taken with the government of El Salvador to make it right,” he told the judge on Friday.

The White House has cast Abrego Garcia as an MS-13 gang member and doubled down on that claim after Friday’s hearing. Abrego Garcia’s attorneys have countered that there is no evidence he was in MS-13.

Abrego Garcia had a permit from DHS to legally work in the U.S., his attorney said. He served as a sheet metal apprentice and was pursuing his journeyman license.

Abreho Garcia fled El Salvador around 2011 because he and his family were facing threats by local gangs. In 2019, a U.S. immigration judge granted him protection from deportation to El Salvador.

Government lawyers say they have no control over Abrego Garcia and no authority to arrange for his return — “any more than they would have the power to follow a court order commanding them to 'effectuate' the end of the war in Ukraine, or a return of the hostages from Gaza.”

“It is an injunction to force a foreign sovereign to send back a foreign terrorist within three days’ time. That is no way to run a government. And it has no basis in American law," they wrote.

Jennifer Vasquez Sura, the wife of Kilmar Abrego Garcia of Maryland, who was mistakenly deported to El Salvador, speaks during a news conference at CASA's Multicultural Center in Hyattsville, Md., Friday, April 4, 2025. (AP Photo/Jose Luis Magana)

Jennifer Vasquez Sura, the wife of Kilmar Abrego Garcia of Maryland, who was mistakenly deported to El Salvador, speaks during a news conference at CASA's Multicultural Center in Hyattsville, Md., Friday, April 4, 2025. (AP Photo/Jose Luis Magana)

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