超微电脑

📢 𝗝𝗨𝗦𝗧 𝗜𝗡: $超微电脑(SMCI.US) Supermicro Completes Internal Probe Into Employee Export-Control Indictment

👉 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

➤ 𝗦𝘂𝗽𝗲𝗿𝗺𝗶𝗰𝗿𝗼 completes independent investigation into alleged export-control violations.

➤ Federal indictment involved 𝘁𝘄𝗼 𝗲𝗺𝗽𝗹𝗼𝘆𝗲𝗲𝘀 and one contractor.

➤ 𝗦𝘂𝗽𝗲𝗿𝗺𝗶𝗰𝗿𝗼 was not charged or accused of wrongdoing.

➤ All 𝘁𝗵𝗿𝗲𝗲 𝗶𝗻𝗱𝗶𝘃𝗶𝗱𝘂𝗮𝗹𝘀 no longer have company relationships.

➤ Probe found no current 𝘀𝗲𝗻𝗶𝗼𝗿 𝗺𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 knowledge of alleged diversion.

➤ No direct sales to known 𝗿𝗲𝘀𝘁𝗿𝗶𝗰𝘁𝗲𝗱 𝗽𝗮𝗿𝘁𝗶𝗲𝘀 were identified.

➤ Investigation found no related unreliability in previously issued 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝘀𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁𝘀.

➤ Supermicro terminated employees who violated 𝗰𝗼𝗺𝗽𝗮𝗻𝘆 𝗽𝗼𝗹𝗶𝗰𝗶𝗲𝘀 or conduct standards.

➤ Board adopted all recommended enhancements to 𝗲𝘅𝗽𝗼𝗿𝘁 𝗰𝗼𝗺𝗽𝗹𝗶𝗮𝗻𝗰𝗲 controls.

➤ Company continues cooperating with relevant 𝗴𝗼𝘃𝗲𝗿𝗻𝗺𝗲𝗻𝘁 𝗮𝘂𝘁𝗵𝗼𝗿𝗶𝘁𝗶𝗲𝘀.

👉 𝗪𝗵𝘆 𝗧𝗵𝗶𝘀 𝗠𝗮𝘁𝘁𝗲𝗿𝘀:

➤ Findings reduce concerns about broader 𝗺𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 involvement in alleged violations.

➤ Financial-statement finding may ease concerns over potential 𝗮𝗰𝗰𝗼𝘂𝗻𝘁𝗶𝗻𝗴 implications.

➤ Stronger compliance controls could reduce future 𝗲𝘅𝗽𝗼𝗿𝘁-𝗰𝗼𝗻𝘁𝗿𝗼𝗹 risks.

➤ Ongoing government investigations remain an important 𝗿𝗲𝗴𝘂𝗹𝗮𝘁𝗼𝗿𝘆 consideration for investors.

👉 𝗘𝘅𝗽𝗲𝗿𝘁 𝗦𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁:

𝗦𝗰𝗼𝘁𝘁 𝗔𝗻𝗴𝗲𝗹, Lead Independent Director:

"The independent directors support the actions the Company has already taken to bolster its internal policies and procedures, as well as the additional enhancements that will be implemented."

美银：AI 算力

> 总市场规模：预计数据中心系统总潜在市场（TAM）在 2030 年将达到 2.2 万亿美元。

> AI 与非 AI 拆分：

AI 数据中心系统 TAM 占据绝大部分，达 1.8 万亿美元。

非 AI 数据中心系统 TAM 为 3840 亿美元（其中传统云 CPU 约占该价值的 300 亿美元）。

> AI 服务器与基础设施细分：在 1.8 万亿美元的 AI 数据中心 TAM 中，AI 服务器占 1.4 万亿美元，AI 网络占 3100 亿美元，存储占 850 亿美元。

> AI 服务器组件细分（总计 1.4 万亿美元）：

AI 加速器：1.1 万亿美元

HBM（高带宽内存）：2770 亿美元

AI CPU：总价值 1800 亿美元，大致均分为 AI 集群计算/头节点（900 亿美元）和 AI 代理独立节点（900 亿美元）。

其他：530 亿美元

$英伟达(NVDA.US) $AMD(AMD.US) $谷歌-C(GOOG.US) $亚马逊(AMZN.US) $Meta(META.US) $戴尔科技-C(DELL.US) $超微电脑(SMCI.US)