Riding the wave generated by Nvidia, Supermicro has found itself deeply intertwined with the chip giant’s fortunes, influencing both its destiny and stock prices. As data centers continuously require server rack solutions and processors that need mounting, Supermicro finds itself in a lucrative position. In the most recent quarter, the company’s revenue surged by 200% compared to the previous year. Analysts are excitedly predicting that Supermicro’s revenue could potentially double within the next couple of fiscal years, as enterprises eagerly seek AI servers to help them expand, innovate, and transform, contributing to a market growing at an annual rate of 25% through 2029.
Elon Musk has, once again, found his way into the spotlight, revealing that Dell and Supermicro will split the server supply for his AI start-up, xAI, and his ambitious supercomputer projects. Interestingly, Supermicro’s growth currently outpaces that of Dell.
Supermicro’s sustained growth can be attributed to its upcoming production of 5,000 racks of equipment each month at its new Malaysian factory, set to start in Q4. Another key factor is the company’s proprietary direct liquid cooling (DLC) technology. During his keynote at Taiwan’s Computex event, Supermicro CEO Charles Liang confidently predicted that their DLC would achieve a growth of 2,900% within two years. He expects this technology to be installed in 15% of the racks shipped this year, doubling by next year. Liang also foresees that 20% of data centers will quickly adopt liquid cooling. This technology reduces energy consumption and allows for denser, more productive deployments, making data centers more efficient and posing a challenge to new players in the AI inference sector who are considering moving away from GPUs.
Liang has much to say about the crucial infrastructure decisions enterprises face today. At VentureBeat’s Transform 2024, he will discuss how specialized solutions tailored for AI computing are evolving, and why enterprises must stay current. Topics will include the delicate balancing act of managing data center resources, the energy demands of GPUs, cooling and power requirements, data center footprints, and more. Liang will also explore a future dominated by GPUs, with the release of Nvidia’s upcoming Blackwell GPU architecture and direct-to-chip liquid cooling technology addressing environmental concerns.
Join Liang and other industry leaders at VB Transform 2024 for the latest updates, insightful discussions, and unparalleled networking opportunities in San Francisco on July 9, 10, and 11. This year’s event will focus on implementing AI at scale, supported by real-world case studies. Register now!