--- title: "Serial Achieva Wins Up to US$18.8 Million AI Infrastructure Contract" type: "News" locale: "en" url: "https://longbridge.com/en/news/284136557.md" description: "Serial Achieva’s subsidiary, Achieva Cloud Services, has secured a significant contract worth up to US$18.8 million to provide advanced networking switches for AI infrastructure. The initial order is valued at approximately US$4.7 million, with potential follow-on purchases. This agreement marks a strategic milestone for Serial Achieva, enhancing its capabilities in the AI and high-performance computing sectors. The company aims to leverage its distribution network to meet the growing demand for next-generation IT infrastructure in Asia." datetime: "2026-04-27T01:38:49.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/284136557.md) - [en](https://longbridge.com/en/news/284136557.md) - [zh-HK](https://longbridge.com/zh-HK/news/284136557.md) --- # Serial Achieva Wins Up to US$18.8 Million AI Infrastructure Contract ### Claim 55% Off TipRanks - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks An announcement from Axington Inc. ( (SG:XHV) ) is now available. Serial Achieva’s subsidiary Achieva Cloud Services has won a major contract to supply advanced high-performance networking switches designed to support AI-optimised infrastructure. The deal includes an initial batch worth about US$4.7 million, with a committed follow-on purchase that could lift the total contract value to as much as US$18.8 million, signalling deeper expansion into higher-growth AI and high-performance computing segments. Management framed the agreement as a strategic milestone that validates Serial Achieva’s push into the AI and high-performance computing value chain. By leveraging its established distribution network and regional partnerships, the company aims to enhance its enterprise capabilities and capture rising demand for next-generation infrastructure, which could strengthen its competitive positioning in Asia’s evolving IT hardware market. **More about Axington Inc.** Serial Achieva Limited is a regional distributor of consumer and enterprise IT products, operating primarily in Singapore and Malaysia. Partnering with major brands such as Intel, Gigabyte, AMD and ViewSonic, it offers a wide range of hardware including desktop CPUs, motherboards, graphics cards and gaming laptops, supported by strong warehousing and direct distribution to retailers and system integrators. **Average Trading Volume:** 91,270 **Technical Sentiment Signal:** Sell **Current Market Cap:** S$24.28M ### Related Stocks - [XHV.SG](https://longbridge.com/en/quote/XHV.SG.md) - [INTC.US](https://longbridge.com/en/quote/INTC.US.md) - [AMD.US](https://longbridge.com/en/quote/AMD.US.md) ## Related News & Research - [HASSETT: CURRENT SYSTEM IS WORKING, ON AI PRODUCTS ROLL-OUT](https://longbridge.com/en/news/285950125.md) - [Virtuozzo Announces its Vision for Highly Efficient AI Infrastructure](https://longbridge.com/en/news/285966447.md) - [AI infrastructure executives are raking in massive stock windfalls — some are cashing them out](https://longbridge.com/en/news/285180761.md) - [The best artificial intelligence (AI) stocks to buy with $1,000 in May](https://longbridge.com/en/news/285754515.md) - [04:36 ETAnySearch Launches as Search Infrastructure Built for AI Agents](https://longbridge.com/en/news/285906751.md)