Supermicro says it ships 100,000 GPUs per quarter

Super microcomputer (SMCI) rallied on Monday after the server company said it will ship more than 100,000 graphics processing units per quarter.

SMCI shares rose 15.8% to close at 47.74, reclaiming its 21-day line. Shares rose a fraction in late trading.

Super Micro has “recently deployed the GPUs with liquid solution to some of the largest AI factories ever built,” the company said in a statement. The San Jose, California-based company said it is “currently shipping over 100,000 GPUs per quarter.”

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“Super Micro continues to innovate and deliver complete, plug-and-play, rack-scale liquid cooling solutions for data centers,” CEO Charles Liang said in a statement.

The stock rally marked a huge comeback for SMCI shares, which plunged late last month amid reports that it was the target of a Justice Department investigation.

The Justice Department was reportedly investigating alleged accounting irregularities after an activist short-selling firm released a report critical of the company.

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