AI boom mints another billionaire as Super Micro founder Charles Liang enjoys stock surge
NY Post
Super Micro Computers’ stock surge has pushed its founder and CEO, Charles Liang, into the billionaire ranks.
Liang, a 66-year-old Taiwan native, decided 30 years ago that Super Micro would begin designing motherboards, according to the company’s website.
Now a Silicon Valley resident, Liang’s bet on motherboards, complex circuit boards that have become increasingly important as the backbone of artificial intelligence, have paid off.
On Friday, shares of Super Micro jumped 25% to a record high after the company projected quarterly results well above its current estimates, which was attributed to strong demand for AI servers.
Liang’s share of the company meant that upon its lucrative day on Friday added more than $850 million to the chief executive’s fortune, according to Bloomberg.
Liang’s 12% stake and additional options are now worth a collective $3.3 billion, per Bloomberg’s calculations.
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