Super Micro plans to ramp up manufacturing in Europe to capitalize on AI demand

PARIS — Super Micro plans to summation its concern successful Europe, including ramping up manufacturing of its AI servers successful the region, CEO Charles Liang told CNBC successful an interrogation that aired connected Wednesday.

The institution sells servers which are packed with Nvidia chips and are cardinal for grooming and implementing immense AI models. It has manufacturing facilities successful the Netherlands, but could grow to different places.

"But due to the fact that the request successful Europe is increasing precise fast, truthful I already decided, indeed, [there's] already a program to put much successful Europe, including manufacturing," Liang told CNBC astatine the Raise Summit successful Paris, France.

"The request is global, and the request volition proceed to amended successful [the] adjacent galore years," Liang added.

Liang's comments travel little than a period aft Nvidia CEO Jensen Huang visited assorted parts of Europe, signing infrastructure deals and urging the portion to ramp up its computing capacity.

Super Micro rode the maturation question aft OpenAI's ChatGPT roar boosted request for Nvidia's chips, which underpin large AI models. The server maker's banal deed a grounds precocious successful March 2024. However, the banal is astir 60% disconnected that all-time precocious implicit concerns astir its accounting and fiscal reporting. But the institution successful February filed its delayed fiscal study for its 2024 fiscal year, assuaging those fears.

In May, the institution reported weaker-than-expected guidance for the existent quarter, raising concerns astir request for its product.

However, Liang dismissed those fears. "Our maturation complaint continues to beryllium strong, due to the fact that we proceed to turn our cardinal technology, and we [are] besides expanding our concern scope," Liang said.

"So the country … to turn volition beryllium inactive precise tremendous, precise big."