Super Micro Computer plans to raise $7 billion through equity and equity-linked financing to fund AI server component purchases

Super Micro Computer announced plans to raise $7 billion in a series of equity and equity-linked financing transactions. The package includes sale of about $3.75 billion in depositary shares and $1.25 billion in common stock to underwriters, plus up to $2 billion in an at-the-market offering no earlier than the third quarter this year.

The funding is earmarked to support the company's purchase of components to satisfy AI orders.

Shares of the AI server maker fell 11.4% in extended trading following the announcement.