# Who are Super Micro's customers? Who does Super Micro earn revenue from?
Canonical: https://valuechain.wiki/super-micro · Facet: customers · Updated: 2026-07-12T08:21:14.694565+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Super Micro's confirmed revenue counterparties include 마이크로소프트, 메타 플랫폼스, CoreWeave plus 2 undisclosed/aggregate relationships. Per the valuechain.wiki graph: 5 revenue edges, backed by 4 dated sources, 1 of them primary filings (as of 2026-07-12).

### 하이퍼스케일러·AI 클라우드 (비공개) (mid)
- metric: Amount $22B · Super Micro FY2025 매출(+47%)
- note: AI clouds like Lambda build 'AI factories' on Blackwell clusters, ordering liquid-cooled racks in volume — DLC capacity is what pulls this demand to Super Micro.
- [confirms] Digital Today (KO, news, published 2025-09-01) https://www.digitaltoday.co.kr/news/articleView.html?idxno=542708: "AI clouds like Lambda build AI factories on Supermicro Blackwell clusters."
- [confirms] ZDNet Korea (KO, news, published 2025-08-25) https://zdnet.co.kr/view/?no=20250825231006: "AI clouds like Lambda build AI factories on Supermicro Blackwell clusters."

### 마이크로소프트 (mid)  → /microsoft.md
- metric: Amount $22B · Super Micro FY2025 매출(+47%)
- note: AI servers to Microsoft — Azure build-outs convert into backlog, illustrating dependence on a few large hyperscalers.
- [confirms] ZDNet Korea (KO, news, published 2025-08-25) https://zdnet.co.kr/view/?no=20250825231006: "AI servers to Microsoft."

### 메타 플랫폼스 (mid)  → /meta.md
- metric: Amount $22B · Super Micro FY2025 매출(+47%)
- note: AI servers to Meta — a channel benefiting from Meta's expanding in-house AI infrastructure spend.
- [confirms] ZDNet Korea (KO, news, published 2025-08-25) https://zdnet.co.kr/view/?no=20250825231006: "AI servers to Meta."

### 엔터프라이즈 AI (비공개) (mid)
- metric: Revenue ~$22B · 2025 · FY2025 revenue
- note: Supplies enterprise on-prem AI infrastructure — the base demand under FY2025 revenue of $22B (+47%). Deal sizes are smaller than hyperscalers' but broaden the customer base.
- [confirms] SEC EDGAR (EN, filing, published 2025-05-06) https://www.sec.gov/Archives/edgar/data/1375365/000137536525000013/exhibit991_20250506.htm: "FY2025 revenue $22B (+47%)."

### CoreWeave (mid)  → /coreweave.md
- metric: Amount $22B · Super Micro FY2025 매출(+47%)
- note: AI servers to CoreWeave — a high-growth channel representing emerging AI-native (neocloud) demand.
- [mentions] Analyst consensus (EN, research, published 2026-04-01) https://www.marketbeat.com/stocks/NASDAQ/SMCI/forecast/: "SMCI FY2025 revenue $22B (+47%); strong AI-server demand but margin/competition keep consensus at Hold (avg ~$37)"
- [confirms] ZDNet Korea (KO, news, published 2025-08-25) https://zdnet.co.kr/view/?no=20250825231006: "AI servers to CoreWeave."

Reverse side: https://valuechain.wiki/super-micro/suppliers.md · Ripple: https://valuechain.wiki/super-micro/ripple.md

---
Full node: https://valuechain.wiki/super-micro.md · JSON: https://valuechain.wiki/super-micro.json