Super Micro Computer launches $1.25 billion stock offering

Super Micro Computer Inc. (NASDAQ: SMCI) announced a $1.25 billion common stock offering to fund component purchases for artificial intelligence server orders.

The company plans to use proceeds from the offering to purchase components for approximately $39 billion in orders for advanced AI servers, including Data Center Building Block Solutions, received from more than 20 customers in recent weeks. The orders are scheduled for fulfillment in future quarters.

Super Micro is conducting two additional concurrent financing transactions. The company is offering 75,000,000 depositary shares, each representing a 1/20th interest in Series A Mandatory Convertible Preferred Stock. Underwriters have a 30-day option to purchase up to 11.25 million additional depositary shares to cover over-allotments.

The company also plans to establish an at-the-market program allowing sales of up to $2 billion in common stock through certain agents in market transactions over time.

The closings of these offerings are not contingent upon each other. Super Micro's common stock trades on the Nasdaq Global Select Market under the symbol "SMCI." The stock closed at $40.64 on June 9, 2026, according to the company's filing.

The company may also use proceeds for general corporate purposes, including debt repayment, working capital additions, and capital expenditures, according to the press release statement.

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