Super Micro to increase investment in Europe to take advantage of the II

The CEO of the Supermicro Charles Liang competes during the next Reuters conference in New York, the US, December 10, 2024.

Mike fresh | Reuters

Paris – Super micro Plans to increase their investments in Europe, including the increase in the production of its AI servers in the region, CEO Charles Liang said in an interview with CNBC, which was published on Wednesday.

The company sells the servers that are packed Nvidia Chips and are key to learning and implementing huge AI models. It has production facilities in the Netherlands, but can expand to other places.

“But since demand in Europe is growing very fast, so I have already decided, indeed, (there is) an already plan to invest more in Europe, including production,” Len CNBC said at the Paris summit in France.

“Demand is global, and demand will continue to improve in many years,” Liang added.

Comments Leng come less than a month after Nvidia CEO Jensen Juan visited different parts of EuropeSigning transactions with infrastructure and calling the region to increase computing.

Growth to be “strong”

Super Micro has a wave of growth after Chatgpt Boom Openai raised the demand for Nvidia chips underlying the large AI models. In March 2024, server manufacturers’ shares reached a record high. concern for its accounting and financial reporting. But the company in February fell its Financial report for your financial year 2024Fixing these fears.

In May reports the company weak than expected by the guide In the current quarter, it is concerned about the demand for its product.

However, Liang rejected these fears. “Our growth rate is still strong because we continue to grow our basic technologies, and we (we) also expand our business,” Liang said.

“So, the room … It will still be very huge, very big.”

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