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  "documentTitle": "Super Micro Computer, Inc. (SMCI)",
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  "presentationDate": "2023-01-10 00:00:00",
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      "text": "Industry Growth Slowing According To Leading Market Research Firm",
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      "text": "These data points, along with color provided by a leader in server market research, indicate lower sales growth ahead.",
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      "text": "All Foreign Shipments To Super Micro (US)",
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      "text": "SMCI's supply chain is heavily dependent on Asian suppliers (notably in Taiwan and China). More than half of the final server and storage production is completed in San Jose, California. There is certainly a lag between import of supplies, assembly and end sales. Recent import records show a cyclical peak of shipping activity and YoY declines. These data points, along with color provided by a leader in server market research, indicate lower sales growth ahead.",
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      "text": "Revised DIGITIMES estimates suggest that the server market shipments growth could decelerate to 4.3% in 2023 (revised from 5.2% previously) after posting an expansion of 6.1% in 2022",
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      "kind": "quote",
      "text": "Also, substantially all of our servers are tested and assembled in our facilities, and more than half of our final server and storage production is completed in San Jose, California.",
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      "kind": "quote",
      "text": "\"Also, substantially all of our servers are tested and assembled in our facilities, and more than half of our final server and storage production is completed in San Jose, California.\" — SMCI Disclosure; \"Revised DIGITIMES estimates suggest that the server market shipments growth could decelerate to 4.3% in 2023 (revised from 5.2% previously) after posting an expansion of 6.1% in 2022\" — DIGITIMES Research",
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      "kind": "source-note",
      "text": "Source: \"Server shipments see healthy growth in 2022 with easing of pandemic and IC shortages, says DIGITIMES Research,\" DIGITIMES, Jan 5, 2023",
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      "text": "Source: SMCI 10-K and Panjiva",
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      "text": "Evidence of Slowing Business Activity",
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