Super Micro Computer (Supermicro) designs and sells AI-optimized servers, storage systems, and full data center infrastructure, primarily targeting AI training and inferencing workloads. Supermicro's core product is the AI server, integrating GPUs from NVIDIA and AMD into purpose-built machines used by cloud service providers, hyperscalers, enterprises, and governments building AI infrastructure. Supermicro differentiates on two capabilities: Direct Liquid Cooling (DLC), which the company claims powers roughly 70-80% of global DLC rack deployments, and its Data Center Building Block Solutions (DCBBS), a turnkey offering that bundles servers, storage, networking, cooling, power, cabling, and deployment services into a single package — compressing data center build times from roughly two years to as few as three to six months. Supermicro sells directly to large customers and through resellers and distributors for the broader market. The business model is hardware-centric, with servers and storage representing roughly 97-98% of revenue. Margins are thin and sensitive to product mix and customer mix — large CSP customers drive volume at lower margins, while enterprise customers carry higher margins. Supermicro's strategy centers on expanding DCBBS adoption, growing its enterprise and edge businesses, and scaling a global manufacturing footprint across the U.S., Taiwan, Malaysia, and the Netherlands to reduce costs and manage tariff exposure. Supermicro guided to at least $33B in FY26 revenue, up from $22B in FY25.