AI Craze Mints Another Billionaire With Super Micro Computer’s Stock Surging

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AI Craze Mints Another Billionaire With Super Micro Computer’s Stock Surging

Bloomberg01-24

Charles Liang founded Super Micro in 1993 with wife Sara LiuCompany’s shares gained more than 430% since the start of 2023After watching the disaster film The Day After Tomorrow, Charles Liang ...

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Liang’s 12% stake and additional options are worth $3.3 billion, according to the Bloomberg Billionaires Index.The chief executive officer’s fortune surged more than $850 million on Friday alone, when Super Micro announced preliminary results for the most recent quarter. It reported provisional revenue of more than $3.6 billion, smashing the $2.8 billion average estimates of analysts and sending shares up by more than a third.Super Micro has benefited from strong demand for its servers to run artificial-intelligence applications. A spokesperson for the San Jose, California-based company didn’t respond to a request for comment.A Taiwan native, Liang, 66, came to the US to study electrical engineering at the University of Texas at Arlington. After working at several computer firms, he founded Super Micro in 1993 with his wife, Sara Liu, who served as treasurer. She remains a senior vice president and director at the firm.Super Micro retains close links to both of their families. 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