Supermicro CEO Joins Billionaire Ranks as AI Server Demand Fuels Company Growth
• Supermicro CEO Charles Liang's net worth grew to $6.1 billion in 2022 due to surging demand for the company's AI servers, making him one of the richest newcomers on the Forbes billionaires list
• Supermicro makes servers and data center equipment, works closely with AI chipmaker Nvidia, and saw its stock price increase over 12x in 2022
• The company is spending heavily on manufacturing capacity to meet demand, even buying the land under a former Fry's Electronics store for future expansion
• Supermicro's growth relies on buying expensive GPUs from Nvidia, squeezing cash flows, so it raised $1.5 billion in a recent stock offering
• Liang's wife and Supermicro co-founder Sara Liu also debuted on the Forbes billionaires list with a $1.4 billion net worth