Super Micro's stock price surged again, signing a $20 billion AI agreement with Saudi data center DataVolt
Saudi Arabia's data center company DataVolt has signed a multi-year cooperation agreement worth $20 billion with Super Micro Computer, aimed at accelerating the delivery of ultra-high-density GPU platforms and rack systems to DataVolt's AI parks in Saudi Arabia and the United States. Following the signing of the agreement, Super Micro's stock price surged, rising by about 20% at one point during trading. This deal marks a deepening of the strategic partnership between the two companies and reflects a commitment to artificial intelligence and data center solutions
Saudi Arabia's data center company DataVolt has signed a multi-year cooperation agreement with Super Micro Computer. On Wednesday, Super Micro's stock price surged again, rising nearly 20% at one point during the trading session.
Super Micro Computer stated that the agreement will accelerate the delivery of ultra-high-density GPU platforms and rack systems to DataVolt's hyperscale AI campuses located in the Kingdom of Saudi Arabia and the United States.
DataVolt stated in a press release that this $20 billion deal deepens the strategic partnership between the two companies, marking an important milestone and demonstrating its commitment to artificial intelligence and data center solutions.
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