Super Micro founder becomes billionaire as AI server demand surge lifts company stock to record highs
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Charles Liang, founder and CEO of Super Micro Computers, became a billionaire as the company's stock surged 25% to a record high on strong demand for AI servers. His net worth is now $3.3 billion.
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Super Micro makes motherboards and other components critical for artificial intelligence systems. It benefited from the AI boom.
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The company posted much higher than expected quarterly revenue guidance of $3.6 billion, crushing estimates of $2.8 billion.
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Super Micro's stock has more than tripled in the last 3 years thanks to the rise of AI and data centers using its liquid cooling solutions.
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Liang founded Super Micro in 1993 after moving from Taiwan to study engineering in the US. The company now counts major tech firms like IBM and Nvidia as customers.