Super Micro CEO Predicts AI Revolution Bigger Than Industrial Era: Report
Super Micro Computer Inc (NASDAQ:SMCI) CEO Charles Liang discussed the company’s initiatives to lessen the environmental impact of data centers in an interview with CNBC’s Jim Cramer on Monday.
The artificial intelligence server company’s clientele includes Nvidia Corp (NASDAQ:NVDA) and Elon Musk’s AI startup.
Liang highlighted the benefits of Super Micro’s “liquid cooling” and “green computer” technologies, which aim to reduce carbon footprints and cut customer costs, CNBC reports.
Meanwhile, Nasdaq announced on Friday evening that Super Micro Computer would join the Nasdaq 100 on July 22.
Liang also mentioned that the company’s energy-saving technologies have the potential to “preserve 20 billion trees for our planet.”
Liang expressed optimism about Super Micro’s growth trajectory, stating, “this AI revolution can be bigger even than the industrial revolution.”
Year-to-date, the company’s stock has surged over 200%. Investors can gain exposure to Super Micro through Vanguard Mid-Cap Growth ETF (NYSE:VOT) and Vanguard Russell 2000 ETF (NASDAQ:VTWO).
Price Action: SMCI shares were down 0.04% at $897.32 premarket at the last check on Tuesday.
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