[News] Supermicro to Deliver 100,000 Liquid-Cooled GPUs Quarterly amid Annual Report Delay

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Supermicro, currently facing serious accounting fraud allegations, announced a comprehensive liquid cooling solution in its press release on October 7th. The company revealed that it is delivering over 100,000 GPUs equipped with this liquid cooling technology to some of the largest AI factories.

As per a report from CNBC, if the average price of the aforementioned GPU is similar to NVIDIA’s $30,000 chips, this order could potentially amount to several billion dollars.

According to Supermicro, this complete liquid solution includes “powerful Coolant Distribution Units (CDUs), cold plates, Coolant Distribution Manifolds (CDMs), cooling towers and end to end management software.” It is designed to reduce power costs and Day 0 hardware acquisition and data center cooling infrastructure costs.

However, CNBC also noted that while the announcement was well-received on Wall Street, Supermicro is approximately nine weeks late in submitting its annual report, which was originally due in August. Later that month, Supermicro stated that it required more time “to complete its assessment of the design and operating effectiveness of its internal controls over financial reporting as of June 30, 2024.”

On August 27, AI server giant Supermicro was accused of accounting violations, inadequate disclosure of related party transactions, and evading sanctions by selling products to Russia by Hindenburg Research.

The following day, Supermicro also announced a delay in submitting its 2024 fiscal year annual report. According to a report from Wccftech, Supermicro’s latest announcement might be an attempt to alleviate concerns resulted from its delayed annual report.

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(Photo credit: Supermicro)