Latest news with #CharlesLiang
Time of India
3 hours ago
- Business
- Time of India
Little-known AI powerhouse rockets up Fortune 500 by 206 spots, surging faster than any other company this year
Amid a year of tech job cuts , volatile chip markets, and a rush to expand AI infrastructure , one lesser-known firm leapt the most on the Fortune 500 : Super Micro Computer , as per a report. Super Micro Computer Surges 206 Spots on Fortune 500 Amid AI Boom The IT hardware company based in San Jose rose 206 positions higher than any other firm on this year's Fortune 500 list to No. 292, reported Fortune. It doubled its revenue to $14.99 billion, a 110% gain from last year, and recorded $1.15 billion in earnings, the highest one-year profit growth among its industry, as per the report. Super Micro Computer's rise is mainly because of its strategic position at the intersection of AI, cloud computing , and data centre infrastructure, as these three areas are the fastest-growing areas in technology currently, according to Fortune. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Promoções imperdíveis de voos baratos Voos | Anúncios de Pesquisa Saiba Mais Undo ALSO READ: MAGA base erupts as Trump admin's Palantir-powered national citizen database sparks outrage and distrust CEO Charles Liang's Innovation-First Playbook The company's cofounder and CEO, Charles Liang, has revealed that the firm is focused on innovation, like early-to-market compatibility with Nvidia chips and customisable server hardware built to handle diverse, high-performance workloads, reported Fortune. Live Events Partnering with the Tech Giants According to the report, Super Micro Computer has close partnerships with Nvidia and Intel, which made it a preferred vendor for companies building AI-optimised infrastructures. Recently, the firm was even chosen by tech billionaire Elon Musk's xAI team to develop a 750,000-square-foot data centre in Memphis, reported Fortune. Scaling Up in the US and Going Green The company also has plans to grow its server production capacity in the United States as demand for AI has increased, as per the report. Super Micro Computer had also invested in green computing, branding its systems as energy-efficient alternatives in an industry which is under rising scrutiny for environmental impact, according to Fortune. While, a spokesperson for Super Micro Computer said, 'We are investing in people, processes, and systems to scale our foundation, advancing our leadership in liquid cooling technology, and delivering Data Center Building Block Solutions to achieve and surpass our revenue targets,' as quoted in the report. FAQs What is Super Micro Computer? A once lesser-known IT hardware company based in San Jose, now one of the fastest-growing names on the Fortune 500 due to its role in AI infrastructure, as per Fortune report. How is it connected to Nvidia? Super Micro has early integration with Nvidia's chips, allowing them to quickly deliver hardware that supports the latest AI technologies.
Yahoo
a day ago
- Business
- Yahoo
This little-known AI darling is climbing the Fortune 500 faster than any other company
In a year when the tech sector grappled with mass layoffs, volatile chip demand, and the frenzied race to scale AI infrastructure, one company surged ahead as the Fortune 500's biggest climber: Super Micro Computer. The San Jose-based IT hardware manufacturer posted explosive growth, jumping 206 spots to land at No. 292 more than any other company on this year's list. Super Micro more than doubled its revenue to $14.99 billion, a 110% year-over-year increase, and led its industry in one-year profit growth, earning $1.15 billion. The company's rise is largely due to its strategic position at the intersection of AI, cloud computing, and data center infrastructure, three of the fastest-growing areas in technology today. At the center of its strategy is cofounder and CEO Charles Liang, who has emphasized vertical integration, with the company designing, testing, and assembling its products in-house. Liang says the company is laser-focused on innovation, including early-to-market compatibility with Nvidia chips and customizable server hardware built to handle diverse, high-performance workloads. That approach has positioned Super Micro to take advantage of soaring demand for AI-ready infrastructure. Super Micro has shipped more than 1.3 million server and storage nodes, which provide processing power and manage data for machines, and its systems now power many of the world's data centers. Through close partnerships with Nvidia and Intel, Super Micro has become a preferred vendor for companies building AI-optimized environments. Recently, it was selected by Elon Musk's xAI team to support the development of a 750,000-square-foot data center in Memphis, a major signal of the company's growing influence. Liang has spoken publicly about Super Micro's close alignment with Nvidia's product roadmap, which allows the company to quickly integrate new technologies. 'Whatever Nvidia develops, we pretty much sync up with them,' he told CRN in 2024. 'And that's another reason why, whenever they have a new product out, we have a new product available quicker than our competitors do.' As demand for AI accelerates, Super Micro plans to expand its server production capacity in the United States. The company is also investing in green computing, branding its systems as energy-efficient alternatives in a sector under increasing scrutiny for environmental impact. Investors have taken notice. Super Micro's market capitalization is approaching $24 billion, reflecting increased confidence in its trajectory. However, the company's rise has not come without controversy. In 2018, Nasdaq delisted the company for failing to file its financial reports on time. It was re-listed in 2020 following a settlement with the SEC. In August 2024, the company faced renewed scrutiny after Hindenburg Research published a report alleging questionable accounting practices and undisclosed third-party transactions. Soon after, the company missed multiple regulatory filing deadlines, and audit firm EY resigned. Super Micro and Liang are now facing multiple lawsuits and active investigations by both the SEC and the Department of Justice. The company has said it is cooperating with authorities. The company said that by February it had brought its financial reporting up to date, passed a new independent audit, and implemented leadership changes. It has hired a new general counsel and is actively searching for a new chief financial officer. Despite reporting third-quarter revenue below expectations in early May, Super Micro reiterated its growing confidence in meeting full-year growth targets, with Liang assuring investors that demand for AI infrastructure remains strong.'We are investing in people, processes, and systems to scale our foundation, advancing our leadership in liquid cooling technology, and delivering Data Center Building Block Solutions to achieve and surpass our revenue targets,' a company spokesperson told Fortune in an emailed statement. This story was originally featured on
Yahoo
a day ago
- Business
- Yahoo
This little-known AI darling is climbing the Fortune 500 faster than any other company
In a year when the tech sector grappled with mass layoffs, volatile chip demand, and the frenzied race to scale AI infrastructure, one company surged ahead as the Fortune 500's biggest climber: Super Micro Computer. The San Jose-based IT hardware manufacturer posted explosive growth, jumping 206 spots to land at No. 292 more than any other company on this year's list. Super Micro more than doubled its revenue to $14.99 billion, a 110% year-over-year increase, and led its industry in one-year profit growth, earning $1.15 billion. The company's rise is largely due to its strategic position at the intersection of AI, cloud computing, and data center infrastructure, three of the fastest-growing areas in technology today. At the center of its strategy is cofounder and CEO Charles Liang, who has emphasized vertical integration, with the company designing, testing, and assembling its products in-house. Liang says the company is laser-focused on innovation, including early-to-market compatibility with Nvidia chips and customizable server hardware built to handle diverse, high-performance workloads. That approach has positioned Super Micro to take advantage of soaring demand for AI-ready infrastructure. Super Micro has shipped more than 1.3 million server and storage nodes, which provide processing power and manage data for machines, and its systems now power many of the world's data centers. Through close partnerships with Nvidia and Intel, Super Micro has become a preferred vendor for companies building AI-optimized environments. Recently, it was selected by Elon Musk's xAI team to support the development of a 750,000-square-foot data center in Memphis, a major signal of the company's growing influence. Liang has spoken publicly about Super Micro's close alignment with Nvidia's product roadmap, which allows the company to quickly integrate new technologies. 'Whatever Nvidia develops, we pretty much sync up with them,' he told CRN in 2024. 'And that's another reason why, whenever they have a new product out, we have a new product available quicker than our competitors do.' As demand for AI accelerates, Super Micro plans to expand its server production capacity in the United States. The company is also investing in green computing, branding its systems as energy-efficient alternatives in a sector under increasing scrutiny for environmental impact. Investors have taken notice. Super Micro's market capitalization is approaching $24 billion, reflecting increased confidence in its trajectory. However, the company's rise has not come without controversy. In 2018, Nasdaq delisted the company for failing to file its financial reports on time. It was re-listed in 2020 following a settlement with the SEC. In August 2024, the company faced renewed scrutiny after Hindenburg Research published a report alleging questionable accounting practices and undisclosed third-party transactions. Soon after, the company missed multiple regulatory filing deadlines, and audit firm EY resigned. Super Micro and Liang are now facing multiple lawsuits and active investigations by both the SEC and the Department of Justice. The company has said it is cooperating with authorities. The company said that by February it had brought its financial reporting up to date, passed a new independent audit, and implemented leadership changes. It has hired a new general counsel and is actively searching for a new chief financial officer. Despite reporting third-quarter revenue below expectations in early May, Super Micro reiterated its growing confidence in meeting full-year growth targets, with Liang assuring investors that demand for AI infrastructure remains strong.'We are investing in people, processes, and systems to scale our foundation, advancing our leadership in liquid cooling technology, and delivering Data Center Building Block Solutions to achieve and surpass our revenue targets,' a company spokesperson told Fortune in an emailed statement. This story was originally featured on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
3 days ago
- Business
- Globe and Mail
Is Super Micro Computer Stock a Buy, Sell, or Hold for June 2025?
In mid-May, Super Micro Computer (SMCI) unveiled its Data Center Building Block Solutions (DCBBS). The turnkey system is engineered to accelerate the establishment of liquid-cooled AI data centers while optimizing cost-efficiency. Set for deployment within three months, the solution brings together precision manufacturing, advanced management software, full-spectrum on-site services, and global reach. According to CEO Charles Liang, DCBBS goes the whole nine yards, from mapping out data center layouts to configuring network topologies and power backups. It is crafted to simplify operations and speed up AI infrastructure development. Customers could slash power usage by up to 40%, shrink data center footprint by 60%, and cut water use by 40%, driving a 20% drop in total cost of ownership. With this catalyst in mind, how should investors approach SMCI stock for June 2025? About Super Micro Stock San Jose, California-based Super Micro Computer (SMCI) has carved a solid niche in high-performance server and storage solutions, all anchored in modular and open architecture. With a market cap of $25 billion, the firm offers everything from rack mount and blade server systems to essential components that form the digital bedrock of today's enterprises. Super Micro shares have had a volatile trajectory. They are up more than 1,300% over the past five years, but have been halved over the past 52 weeks. The last month has been slightly more positive with a gain of 14%. Super Micro Misses on Q3 Earnings Super Micro's fiscal Q3 2025 painted a somber picture on May 6, as the firm came up short of Wall Street's expectations. Revenue for the quarter grew 19.5% year over year to $4.6 billion, well below analysts' consensus estimate of $5.4 billion. Non-GAAP net income plummeted by more than 50% to $194 million, with non-GAAP EPS more than halved to $0.31, missing the $0.50 projection by a wide margin. This disappointing result, however, did not catch many off guard. Late April had already seen Supermicro send up warning flares with its preliminary report. Much of the shortfall was chalked up to ' delayed customer-platform decisions, ' which, according to CEO Charles Liang, are not lost opportunities but merely postponed ones. He emphasized that many of these commitments are set to materialize in the June and September quarters, hinting that the company's long-term trajectory remains intact. Looking ahead, the company has set its Q4 revenue guidance between $5.60 billion and $6.40 billion, with non-GAAP EPS expected to range from $0.40 to $0.50. For fiscal 2025, it now anticipates revenue between $21.80 billion and $22.60 billion. In May, Supermicro also sealed a $20 billion multi-year deal with DataVolt to deploy AI server systems across Saudi Arabia and the U.S. The deal is monumental. Technology upgrades, including its direct liquid cooling platform, show that Supermicro is not resting on its laurels. Although fiscal Q4 2025 EPS is expected to fall 36.4% to $0.35 and full-year 2025 EPS by 13.9% to $1.73, analysts see a rebound next year, forecasting a 36.4% jump to $2.36 in fiscal 2026. What Do Analysts Expect for Super Micro Stock? Wall Street's verdict on the stock paints a nuanced picture, with the consensus settling at a 'Moderate Buy.' Out of 15 analysts, four are ringing the bell with a 'Strong Buy.' Meanwhile, three analysts lean toward a 'Moderate Buy.' On the sidelines, six prefer to stay put with a 'Hold,' while only two caution with a 'Strong Sell' stance. The Street-high target of $100 signals a possible surge of 143% from current levels.
Yahoo
21-05-2025
- Business
- Yahoo
Super Micro's AI Growth Hinges On Reshoring Play
Super Micro (NASDAQ:SMCI) is doubling down on U.S. AI server builds, betting domestic expansion will secure its role in the AI boom. CEO Charles Liang told The Wall Street Journal that with AI demand growing very rapidly, Super Micro is moving beyond its San Jose roots to add sites in Texas and Mississippi, echoing Washington's reshoring push and countering California's rising costs. Warning! GuruFocus has detected 5 Warning Signs with SMCI. The company already broke ground on a third San Jose campus earlier this year and now sees fresh growth in Europe and Japan as giants like Microsoft and Amazon pour billions into AI data centers. Yet execution risks loom: Super Micro cut its Fiscal 2025 revenue outlook from $23.525 billion to $21.822.6 billion after delayed orders and U.S. tariffs, and Q3 sales of roughly $4.54.6 billion fell short of its $56 billion guidance. For investors, the key will be tracking plant build-outs, order backlogs and whether delayed AI contracts materialize as Liang predicts. This matters because Super Micro's ability to scale U.S. production faster than peers could make or break its leadership in AI infrastructure. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
