Supermicro (SMCI) Expands Its AI Infrastructure Ecosystem with Global Alliances
Super Micro Computer Inc. (NASDAQ:SMCI) is one of the 10 best growth stocks to buy according to billionaires. On June 10, Super Micro signed an agreement with Ericsson to explore a potential collaboration aimed at speeding up Edge AI adoption. The proposed partnership would combine Super Micro's high-performance Edge AI compute platforms with Ericsson's enterprise 5G connectivity solutions.
A computer network engineering team setting up a server array in a data center.
The companies plan to offer integrated commercial solutions that help enterprises deploy AI at the edge more efficiently. The offering is expected to enable businesses in retail, manufacturing, healthcare, and other industries to rapidly deploy Edge AI infrastructure along with wireless connectivity.
This initiative leverages Supermicro's strengths in delivering energy-efficient, workload-optimized edge systems, aligning with the growing demand for Edge AI processing. By collaborating with Ericsson, Super Micro is positioning its platforms as part of a broader, ready-to-deploy ecosystem that addresses both compute and connectivity requirements.
Supermicro also recently signed an agreement with DataVolt to develop large-scale AI campuses in Saudi Arabia, marking a significant step in the region's digital infrastructure growth. The planned facilities will utilize Supermicro's high-density GPU platforms and advanced liquid cooling systems, aiming to enhance energy efficiency and reduce operational costs.
While final terms are still being negotiated, the companies expect the AI-related products involved in the deal to be worth at least $20 billion, highlighting the scale of the initiative. This move positions both companies at the forefront of sustainable, next-generation AI infrastructure.
Super Micro Computer Inc. (NASDAQ: SMCI) designs high-performance and energy-efficient server and storage systems tailored for various industries. Its key markets include cloud service providers, enterprises, large data centers, original equipment manufacturers (OEM), and appliance manufacturers.
While we acknowledge the potential of SMCI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.
Disclosure: None.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
New York Times
33 minutes ago
- New York Times
Senator Ron Johnson Resists G.O.P. Megabill, Warning It Will Swell Debt
President Trump had some blunt advice for Senator Ron Johnson, the Wisconsin Republican who had been publicly excoriating his signature tax and spending bill as a deficit-driving debacle, at a tense White House meeting this month. Be nice, the president told the businessman-turned-ultraconservative politician. Mr. Johnson immediately toned down his vocal drumbeat of criticism against the plan. But he still looms as a significant obstacle to the sweeping domestic policy bill that Senate Republicans hope to push through next week. Not only does he declare himself adamantly opposed to the current version, he is simultaneously undercutting the party's message that the legislation will not pile on to federal deficits. He is, however, trying to be nicer about it. 'I'm a pretty flexible, reasonable guy,' the sometimes disputatious, three-term Republican referred to on Capitol Hill as 'RonJohn' told reporters on Wednesday, drawing scoffs of disbelief. 'I am!' Mr. Johnson put his accounting background to work in a dense, 30-page report he released this week that rejects claims by the administration and Republican leaders that the combination of continued tax cuts, spending reductions in the range of $1.5 trillion over 10 years and new policies will spur growth to offset lost tax revenue. Under almost any scenario, his report says, deficits will continue to soar above $2 trillion per year, for a cumulative $20 trillion or more over the 10-year life span of the bill. That is in line with — though substantially more favorable than — estimates by the nonpartisan Congressional Budget Office and fiscal research groups that have found that the costs of the bill would swamp any growth it could create. Want all of The Times? Subscribe.
Yahoo
33 minutes ago
- Yahoo
How Advisors Can Avoid Becoming Over-Reliant on AI
Apparently there's no AI in team. Artificial intelligence is being hailed as a key element of the fourth industrial revolution, and new tools are now assisting financial advisors with taking notes, drafting emails, and brainstorming thought leadership content. In fact, the vast majority of advisors said generative AI helped their practices, according to a survey earlier this year. But AI isn't a silver bullet. It lacks emotional intelligence and a human touch. Advisors risk damaging client relationships if they become too reliant on automation — even for routine tasks. 'AI is poor at empathy so far,' said Adrian Johnstone, CEO of the CRM platform Practifi. 'Advisors need to recognize where the personal connection is most powerful, and use AI to automate and alleviate the lesser functions.' READ ALSO: What the GENIUS Act Means for Stablecoins and Advisors and Why UBS Is the Only Wirehouse to Allow Podcasting Today, most advisors use AI to boost meeting efficiency and streamline workflows. Ideally, this frees up more time to spend with clients, but misusing these tools can backfire. 'The common refrain of disaffected clients is: 'I pay you to understand me, my goals, and my fears, not to outsource me to a machine,'' Johnstone said. Wealth management is built on bespoke service, but AI hasn't yet learned to fully adapt to individual client needs and goals. While tools that draft emails and website content are improving, the output still reads 'hollow and generic,' Johnstone warned. Use it or Lose it. Client-facing AI tools can be 'extremely risky' because they can't interpret emotional undertones of client's concerns, said Rafael Loureiro, CEO of an estate planning platform. Still, AI can be useful for quick, factual tasks. 'If it's midnight on a Sunday and a client asks, 'What was my marginal tax rate last year?' that's a perfect use case,' Loureiro said. 'It's not doing financial planning, but answering factual questions.' Everything in Moderation. This isn't the first time new tech or strategies meant to disrupt the wealth management industry have wound up causing trouble for advisors and their clients. Will Trout, director at Datos Insights, pointed to the 2008 financial crisis as a warning. 'Firms that over-relied on risk models without human oversight suffered catastrophic losses,' he told Advisor Upside. This post first appeared on The Daily Upside. To receive financial advisor news, market insights, and practice management essentials, subscribe to our free Advisor Upside newsletter. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Hill
43 minutes ago
- The Hill
Pope Leo ‘concerned' about AI's impact on children
Pope Leo XIV sounded the alarm this week over artificial intelligence (AI)'s potential impact on young people's intellectual and neurological development, building upon one of the main focuses of his papacy. The first American pope delivered the message to an annual conference on AI and ethics, part of which took place in the Vatican this week. 'All of us, I am sure, are concerned for children and young people, and the possible consequences of the use of AI on their intellectual and neurological development,' the pope said. 'Our youth must be helped, and not hindered, in their journey towards maturity and true responsibility.' The pontiff described how new generations have unprecedented, quick access to data and information, while noting they must not confuse this access to data with intelligence. 'In the end, authentic wisdom has more to do with recognizing the true meaning of life, than with the availability of data,' Leo said. Leo acknowledged AI has been used in positive ways, pointing to research in healthcare and science. But he warned of the possibility the emerging technology can be used for 'selfish gain at the expense of others' or 'to foment conflict and aggression.' The pope said AI, especially generative AI, 'also raises troubling questions of its possible repercussions on humanity's openness to truth and beauty, on our distinctive ability to grasp and process reality.' In order to weigh the benefits and risks, Leo said further AI development needs to be evaluated with a 'superior ethical criterion' he described as the need to safeguard the dignity of every human and respecting the culture and diversity of the global population. He added that any ethical framework for AI government must recognize the unique characteristics of the human person in contrast to technology. Since being elected pope in early May, Leo has made the risks of AI on humanity a key priority of his papacy. In his first official address to cardinals in May, the pope warned of the challenges AI poses to the 'defense of human dignity, justice and labor.' The mission resembles that of his namesake, Pope Leo XIII, who pushed for workers' rights amid the industrial revolution, and a Vatican spokesperson told media outlets the name choice was 'not a casual reference.' Leo pointed to past comments made by his predecessor Pope Francis, who repeatedly highlighted the risks associated with AI during his papacy. Earlier this year, the Vatican under Francis's direction released an outline of the ethical guidelines for the use of AI, which warned the technology could 'undermine the foundations of society.' Francis in this outline urged humans to be more responsible about the tech and careful about its impact on various sectors going forward. And last year, Francis issued a similar warning during the first-ever address by a pontiff to the leaders of the Group of Seven (G7) countries. It comes as leaders in the U.S. push for less regulation of AI development to usher more innovation and maintain the country's competitiveness in the space. In an address to the Artificial Intelligence Action Summit in February, Vice President Vance slammed 'excessive regulation' of AI as several of the U.S.'s allies in Europe seek to establish stricter guardrails.
