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Super Micro Computer Shares Rise After Verda Selects Rack-Scale Systems

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Super Micro Computer (SMCI) shares were up close to 3% in Wednesday trading after it said European artificial intelligence cloud provider Verda has selected its NVIDIA GPU-accelerated, rack-scale systems for its AI cloud infrastructure in Europe.

Financial terms were not disclosed.

"Supermicro is happy to collaborate with Verda to bring the next generation of AI infrastructure to the world," said Supermicro Chief Executive and President Charles Liang.

"Our DCBBS design, engineering, and support expertise, combined with the latest NVIDIA Blackwell-based systems, enable customers like Verda to rapidly deploy high-performance, energy-efficient AI infrastructure at scale."

Price: $38.61, Change: $+1.51, Percent Change: +4.07%

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