Talking to CNBC on the sidelines of the Raise Summit in Paris (France), CEO. Charles Liang - CEO of Super micro affirmed that the company has a plan to expand operations in Europe, including the production of AI servers. "Demand in Europe is increasing very quickly, so we decided to invest more in this area," said Mr. Charles Liang.
Super micro currently has a factory in the Netherlands and is considering expanding to other countries in the region. The company provides Nvidia chip-using servers - an important factor in training and operating large-scale artificial intelligence models.
The announcement by CEO Super micro came less than a month after Nvidia CEO Jensen Huang made a trip to Europe to promote infrastructure deals and call for increased computing capabilities here.
Super micro has benefited from the AI wave created by the ChatGPT fever, helping Nvidia's demand for chips skyrocket. The company's stock price reached a record high in March 2024. However, the stock later fell nearly 60% due to concerns related to accounting and financial reporting.
In February, the company announced a delayed financial report for 2024, contributing to relieving some of investors' doubts. However, in the May report, Super micro forecast lower-than-expected profits, raising new concerns about product consumption.
However, CEO Charles Liang emphasized that the company's growth momentum is still "continuing to be strong". We are still developing core technology and expanding our business reach, he said. There is still a lot of space for development.
