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Super Micro to ramp up investment in Europe to capitalize on AI demand

admin July 9, 2025 0 Comments

CEO of Supermicro Charles Liang speaks during the Reuters NEXT conference in New York City, U.S., December 10, 2024. Mike Segar | Reuters PARIS — Super Micro plans to increase its investment in Europe, including ramping up manufacturing of its AI servers in the region, CEO Charles Liang told CNBC in an interview that aired […]

Mercedes-Benz to ramp up cost cutting after profit halved

admin October 25, 2024 0 Comments

Mercedes-Benz on Friday said it plans to ramp up cost-cutting efforts after its net profit halved in the third quarter amid weak demand in China. The German automaker cut its full-year profit margin twice during the third quarter, down to 4.7% from 12.4% a year before, as European car companies see their sales falter amid […]