Super Micro to increase investment in Europe to take advantage of AI search

Paris – Super micro He plans to increase its investment in Europe, including an increase in production of its AI servers in the region, CEO Charles Liang told CNBC in an interview that aired Wednesday.

The company sells servers that are full of Nvidia Chips are key to training and implementing huge AI models. It has production facilities in the Netherlands, but can be expanded to other places.

“But as demand in Europe is growing very fast, so I have already decided, there is indeed (there) already investing more in Europe, including production,” Liang told CNBC at the Raise Summit in Paris, France.

“The demand is global and the demand will continue to improve into (over the next many years,” Liang added.

Leang’s comments come less than a month after NVIDIA CEO Jenson Huang visited different parts of EuropeSigning infrastructure transactions and calling the region to increase its calculation capacity.

Super Micro rides the wave of growth after Openai’s Chatgpt Boom has strengthened the search for NVIDIA chips, which is the basis of large AI models. The server manufacturer’s shares reached a record high in March 2024. However, the shares are about 60% discount on this all the time concerns about her accounting and financial reportingS But the company in February filed its Fun financial statements for its fiscal 2024Assisted these fears.

In May, the company announced weaker than expected guide For the current quarter, raising concerns about the demand for its product.

However, Liang rejected these fears. “Our growth rate continues to be strong because we continue to develop our basic technology and we are also expanding our business range,” Liang said.

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