Super Micro (SMCI, Financial) is doubling down on U.S. AI server builds, betting domestic expansion will secure its role in the AI boom.
CEO Charles Liang told The Wall Street Journal that with AI demand growing “very rapidly,” Super Micro is moving beyond its San Jose roots to add sites in Texas and Mississippi, echoing Washington's reshoring push and countering California's rising costs.
The company already broke ground on a third San Jose campus earlier this year and now sees fresh growth in Europe and Japan as giants like Microsoft and Amazon pour billions into AI data centers.
Yet execution risks loom: Super Micro cut its Fiscal 2025 revenue outlook from $23.5–25 billion to $21.8–22.6 billion after delayed orders and U.S. tariffs, and Q3 sales of roughly $4.5–4.6 billion fell short of its $5–6 billion guidance.
For investors, the key will be tracking plant build-outs, order backlogs and whether delayed AI contracts materialize as Liang predicts. This matters because Super Micro's ability to scale U.S. production faster than peers could make or break its leadership in AI infrastructure.
