Smci Stock jumps on the Datavolt agreement

Investing.com – Super Micro Computer Inc. (SMCI) shares jumped 7.9% in pre -commercial exchanges on Wednesday after the company announced a multi -year partnership of $ 20 billion with Data Center Saudi Datavolt.

The agreement will see SuperMicro provide high density GPU platforms and liquid cooling systems at Rack to feed the DataVolt hyperscal campuses in Saudi Arabia and the United States.

The agreement aims to accelerate the adoption of a sustainable large -scale IT infrastructure.

“We are delighted to associate ourselves with Supermicro and to rely on the solid foundations placed in these first 100 days of the Trump administration,” said the CEO of Datavolt, Rajit Nanda.

He cited the support of President Trump and Saudi Crown Prince Mohammed Bin Salman as a key to allowing the commercial environment.

“The partnership with SuperMicro guarantees us a supply chain manufactured in the United States for Critical GPU systems and positions Datavolt to accelerate our investment plans,” added Nanda.

The president and chief executive officer of Supermicro, Charles Liang, said that the company would continue to extend its American manufacturing operations within the framework of the agreement.

“By working together, we will bring an advanced AI and calculate the infrastructure, allowing the vision of the kingdom to become a global hub for technology and innovation,” he said.

Companies have described the agreement as a strategic alignment combining renewable energies, advanced server technologies and international cooperation. Datavolt plans to feed its campuses using renewable energy at the Gigawatt scale and zero net green hydrogen.

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