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Super Micro Computer Climbs 206 Spots on Fortune 500 as AI Infrastructure Deals Fuel Growth

Securing enterprise orders for Nvidia Blackwell GPUs has driven a 43% stock jump this year, with new hyperscale AI campus deals reinforcing its market position.

Nvidia CEO Jensen Huang and Super Micro Computer CEO Charles Liang both endured a complicated year in 2024.
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Overview

  • Super Micro advanced to No. 292 on the Fortune 500 in 2024, marking the biggest leap of any company with a 206-place surge.
  • The company more than doubled revenue to $14.99 billion and generated $1.15 billion in profit, thanks to its role in AI, cloud computing and data-center infrastructure.
  • SMCI stock has climbed roughly 43–45% year-to-date despite over 20% of its float being shorted by bears.
  • In May, Super Micro began taking orders for enterprise AI systems equipped with Nvidia’s RTX PRO 6000 Blackwell Server Edition GPUs to boost AI factory workloads.
  • Strategic partnerships include xAI’s selection of SMCI for a new Memphis data center and an MOU with DataVolt to build hyperscale AI campuses in Saudi Arabia.