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Top related persons:
Charles Liang - 3 Lisa Su - 1 LSEG - 1 Liang - 1
Top related locs:
San Jose , California
Top related orgs:
Super Micro - 3 Super - 2 Devices - 1 Super Micro Computer - 1 AMD - 1 Hewlett Packard Enterprise - 1 Whirlpool - 1 GameStop - 1

Search resuls for: "Charles Liang"


5 mentions found


☆ Super Micro pushes up full-year revenue forecast as it points to strong AI demand
  + stars: | 2024-04-30 | by ( Jordan Novet | ) www.cnbc.com   time to read: +2 min
Lisa Su, chair and CEO of Advanced Micro Devices, left, and Charles Liang, CEO of Super Micro Computer, speak at the AMD Advancing AI event in San Jose, California, on Dec. 6, 2023. Notwithstanding the after-hours move, Super Micro stock is up 205% so far this year, while the S&P 500 stock index has gained 6%. If not for a key component shortage, Super Micro would have delivered more during the quarter, Liang said on a conference call with analysts. In March, Super Micro took the place of Whirlpool in the S&P 500. Reddit, GameStop and Super Micro surge
Persons: Lisa Su, Charles Liang, LSEG, Liang Organizations: Devices, Super Micro Computer, AMD, Super, Hewlett Packard Enterprise, Super Micro, Whirlpool, GameStop Locations: San Jose , California
☆ Super Micro shares soar more than 30% to record on uplifting preliminary results
  + stars: | 2024-01-19 | by ( Alex Koller | ) www.cnbc.com   time to read: +2 min
Super Micro Computer , one of the best-performing tech stocks of the past few years, soared more than 30% on Friday to a record, after the maker of data center hardware issued preliminary financial results that exceeded estimates. The uplifting numbers follow a 246% pop in Super Micro's stock last year and a jump of 87% in 2022. Super Micro manufactures computers and sells them to companies, which use them as servers for websites, data storage and applications like artificial intelligence algorithms. Super Micro shares were up 32% to $411.14 as of early Friday afternoon. WATCH: CNBC interview with Super Micro CEO Charles Liang
Persons: Charles Liang Organizations: Micro, Super Micro, Wedbush Securities, CNBC, Super
☆ Super Micro CEO Charles Liang: Our growth can be very strong in the next few years
  + stars: | 2023-09-22 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSuper Micro CEO Charles Liang: Our growth can be very strong in the next few yearsCharles Liang, Super Micro founder and CEO, joins 'Closing Bell Overtime' to talk the AI hype cycle, growth opportunities in the future, product offerings and more.
Persons: Charles Liang Organizations: Super Micro
☆ This under-the-radar server tech stock will rally on ‘this AI moment,' Loop Capital says
  + stars: | 2023-05-03 | by ( Sarah Min | ) www.cnbc.com   time to read: +3 min
It's time to buy Super Micro Computer after its latest earnings results on the strength of its artificial intelligence outlook, according to Loop. Analyst Ananda Baruah hiked his price target to $150 from $100. The new price target implies shares can jump 43% from Tuesday's closing price of $104.43. The price target hike comes after Super Micro Computer reported results from its latest quarter. Super Micro Computer forecasts per-share adjusted earnings between $2.21 and $2.71 in its fourth quarter, greater than the $1.76 consensus estimate from FactSet.
☆ Tech stocks got whacked in 2022 — but one server maker soared almost 90%, beating all its peers
  + stars: | 2022-12-28 | by ( Kif Leswing | ) www.cnbc.com   time to read: +6 min
Heading into 2023, the outlook for the server market is murky, especially in the early part of the year. He said tech companies can move faster with Supermicro servers and are willing to pay for execution and the company's design skills. Another specialized market Supermicro is targeting is servers for 5G or telecom applications, using a new kind of approach called OpenRAN. Supermicro said in November that a big unnamed customer was responsible for nearly 22% of the company's sales in the quarter. Intel and AMD have issued downbeat prospects for the server market, and companies of all sizes are cutting costs.
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