# Who does Super Micro pay? Who are its key suppliers?
Canonical: https://valuechain.wiki/super-micro · Facet: suppliers · Updated: 2026-07-12T08:21:14.694565+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Super Micro's confirmed suppliers/cost counterparties include NVIDIA plus 1 undisclosed/aggregate relationship. Per the valuechain.wiki graph: 2 cost edges, backed by 2 dated sources, 1 of them primary filings (as of 2026-07-12).

### NVIDIA (high)  → /nvidia.md
- metric: Amount $22B · Super Micro FY2025 매출(+47%)
- note: 70%+ of revenue is tied to NVIDIA GPUs/platforms, so Blackwell allocation is effectively Super Micro's revenue ceiling. With no alternative source, both cost and supply hinge on NVIDIA.
- [confirms] ZDNet Korea (KO, news, published 2025-08-25) https://zdnet.co.kr/view/?no=20250825231006: "NVIDIA Blackwell systems are 70%+ of SMCI revenue."
- [confirms] SEC EDGAR (EN, filing, published 2025-05-06) https://www.sec.gov/Archives/edgar/data/1375365/000137536525000013/exhibit991_20250506.htm: "NVIDIA Blackwell systems are 70%+ of SMCI revenue."

### 메모리·HBM (SK·삼성·마이크론) (mid)
- metric: Amount $22B · Super Micro FY2025 매출(+47%)
- note: Sources server DRAM/HBM from SK, Samsung and Micron — a major slice of rack cost and the channel through which memory pricing and HBM supply pass straight into Super Micro's margin.
- [confirms] SEC EDGAR (EN, filing, published 2025-05-06) https://www.sec.gov/Archives/edgar/data/1375365/000137536525000013/exhibit991_20250506.htm: "AI servers carry large memory/HBM."

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

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