Supermicro CEO Charles Liang speaks at the Reuters Next conference in New York, United States, December 10, 2024.
Mike Segar | Reuters
Paris – Super microphone Plans to increase its investment in Europe, in particular by accelerating the manufacture of its AI servers in the region, said CEO Charles Liang to CNBC in an interview broadcast on Wednesday.
The company sells servers that are filled with Nvidia Chips and are essential for the training and implementation of huge AI models. It has manufacturing facilities in the Netherlands, but could extend to other places.
“But because demand in Europe increases very quickly, so I have already decided, indeed, [there’s] Already a plan to invest more in Europe, including manufacturing, “said Liang to CNBC at the Raisie summit in Paris, in France.
“Demand is global, and demand will continue to improve [the] In the coming years, “added Liang.
Liang’s comments occur less than a month after the CEO of Nvidia, Jensen Huang, visited various parts of Europe, signing infrastructure agreements and urging the region to accelerate its computer capacity.
Growth is “strong”
Super micro has led the growth wave after the Openai chatgpt boom has increased the demand for Nvidia chips, which underlie the large models of AI. The action of the server manufacturer reached a record in March 2024. However, the stock is around 60% reduction concerns about its accounts and financial reports. But the company in February submitted its delayed financial report for its 2024 financial year, assuming these fears.
In May, the company reported lower than expected directives for the current quarter, which raises concerns about demand for its product.
However, Liang rejected these fears. “Our growth rate continues to be strong, because we continue to develop our fundamental technology, and we [are] Also expanding our business scope, “said Liang.
“So the room … to grow will still be very great, very large.”