Supermicro raises $7B to fund $39B AI server order backlog from 20+ customers

Filed June 12, 2026 · Period ending June 10, 2026 · ~1 min read

Key Changes

• high

  Company received ~$39B in AI server orders from 20+ customers in recent weeks, driving need for component financing. Orders are not firm commitments and remain subject to cancellation, delays, and fulfillment conditions.

  Exhibit 99.1 view on EDGAR →
• high

  Priced $1.25B common stock offering (45.5M shares at $27.50) and $3.75B mandatory convertible preferred offering (75M depositary shares at $50, 7% dividend, converts June 2029). Combined with $1.25B ATM program starting Q3 2026, total raise is $7B.

  Exhibit 99.2 view on EDGAR →
• high

  Mandatory convertible preferred stock will automatically convert to common stock on June 1, 2029 at variable rate (30.3040–36.3640 shares per preferred share), deferring dilution for three years while providing immediate capital.

  Exhibit 99.2 view on EDGAR →