Super Micro is doubling down on AI server manufacturing in Europe. CEO Charles Liang told CNBC the company plans to boost investment and expand production in the region to meet rising demand.
The company’s servers use Nvidia chips, crucial for running massive AI models. Super Micro already has factories in the Netherlands but hinted at more locations coming.
Liang explained the move at the Raise Summit in Paris: 
"But because the demand in Europe is growing very fast, so I already decided, indeed, [there’s] already a plan to invest more in Europe, including manufacturing."
He added:
"The demand is global, and the demand will continue to improve in [the] next many years."
This comes weeks after Nvidia CEO Jensen Huang toured Europe, pushing for more AI computing infrastructure deals.
Super Micro rode the AI buzz after ChatGPT’s hype locked in huge Nvidia chip demand. The server maker hit a record stock high in March but is now down ~60% due to accounting and financial reporting worries. The company cleared those issues by filing its delayed 2024 fiscal report in February.
May’s earnings warned of weaker demand, but Liang dismissed concerns:
"Our growth rate continues to be strong, because we continue to grow our fundamental technology, and we [are] also expanding our business scope."
"So the room … to grow will be still very tremendous, very big."
Super Micro is betting on Europe’s AI market to fuel its next growth phase.
