2024-05-20 19:15:30 ET
Super Micro Computer, Inc. (SMCI)
J.P. Morgan 52nd Annual Global Technology, Media and Communications Conference
May 20, 2024 04:30 PM ET
Company Participants
David Weigand - Chief Financial Officer
Conference Call Participants
Samik Chatterjee - J.P. Morgan
Presentation
Samik Chatterjee
Good afternoon. I'm Samik Chatterjee. I cover the Hardware and Networking Companies at JP Morgan. For the next fireside chat, I have the pleasure of hosting Super Micro. With me is David Weigand, who's the Chief Financial Officer. David, thanks for taking the time to come to the conference and thank you to the audience as well.
I'm starting off all my companies with a macro question or asking you to predict what the future looks like. And the question I have for you is how are you thinking about what the end markets look like in 12 months? We all know where we stand today, and maybe more specifically for you, it's about forecasting what AI led demand or investment cycle looks like. Share your thoughts.
David Weigand
Thanks, Samik.
First, thank you for having us here. And I wanted to remind everyone to check our cautionary safe harbor statement regarding risk factors and forward-looking comments on our Super Micro IR website.
So for the first question, what I would say is that we're, still early stage, we believe on the investment cycle. And when we see some of the recent capital raises domestically, both on equity and on available deadlines, there's still -- there's some very large numbers being put up. We also have knowledge that both sovereigns as well as other enterprises in EMEA, as well as Europe are really starting to plan a lot of investment in AI. So we believe that in 12-months that things will still be going at a very strong track....
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Super Micro Computer, Inc. (SMCI) J.P. Morgan 52nd Annual Global Technology, Media and Communications Conference (Transcript)