Super Micro Computer
SMCIQ3 2023(SMCI Q4 FY2023)Estimated25% AI
AI Revenue %
25%
AI Fair Value
$1.2B
AI Revenue (Q)
$916.2M
Total Revenue (Q)
$3.7B
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.govAnalysis
Q4 FY2023 (June 2023) is the annual 10-K. Full-year FY2023 revenue was $7.12B. The 10-K shows increased AI emphasis: 'artificial intelligence (AI), 5G and edge computing' and working closely with GPU vendors. By mid-2023, the AI boom was well underway -- NVIDIA H100 shipments were ramping and SMCI was a primary system integrator. SMCI's product catalog shifted heavily toward GPU-optimized servers. However, SMCI still sells substantial traditional enterprise/cloud servers. No AI revenue is specifically disclosed. Estimate 25% AI revenue for Q4 FY2023 as AI orders accelerated significantly in the April-June 2023 period. ~$475M AI / ~$1,900M Q4 revenue = ~25%.
Analyzed by claude-opus-4-6
Quoted Figures
application-optimized high performance and high-efficiency server and storage systems for a variety of markets, including enterprise data centers, cloud computing, artificial intelligence (AI), 5G and edge computing
10-K FY2023, Item 1 Business
The Company operates in one operating segment that develops and provides high performance server solutions
10-K FY2023, Note 14 Segment Reporting
AI Products Identified (Ring 1)
GPU server systemsNVIDIA GPU-based serversHPC/AI server configurations
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
Server Building Block Solutionsrack-scale solutionsserver sub-systems
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix