- Super Micro said it plans to raise $7 billion in equity-related sales to cover the costs of hardware component purchases.
- The company also said it's received $39 billion in artificial intelligence server orders in recent weeks.
Super Micro Computer shares sank 9% in extended trading on Tuesday after the computer server maker announced $7 billion in equity-related financing deals to help to cover the cost of hardware component purchases.
The company
said it's planning $5 billion in underwritten stock offerings and a $2 billion at-the-market offering, starting in July, through arrangements with JPMorgan Chase, Goldman Sachs and Citigroup. Companies often see their share price drop after announcing stock sales, as investors prepare to see their existing holdings diluted in value.
Super Micro is the latest company tied to the artificial intelligence boom that's turning to the financial markets for more capital. Earlier this month
Alphabet, which offers AI models and cloud infrastructure for model builders such as Anthropic, said it would sell $85 billion in stock, including a $10 billion investment from Berkshire Hathaway.
Super Micro said in Tuesday's statement that it's received $39 billion in AI server orders from more than 20 customers during the past few weeks. Demand for AI-ready servers has been climbing sharply, lifting Super Micro's revenue in the March quarter over 100% from a year earlier.
Dell said revenue from its Infrastructure Solutions Group grew 181% year over year.
Before the after-house drop, Super Micro shares were up about 39% so far this year. In March, the company said a co-founder resigned from its board after he was named in a federal indictment over allegations of smuggling equipment containing
Nvidia AI chips into China.
Super Micro CEO Charles Liang told analysts on the company's earnings call in May that the cost of memory has more than tripled in recent months.
<small>Source: CNBC</small>
Business
Super Micro stock tumbles on $7 billion financing plans as company touts AI server orders
CNBC
June 09, 2026
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