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Australia
Nano Nuclear Energy, Supermicro Sign Memorandum of Understanding to Power AI Data Centers
Nano Nuclear Energy (NNE) said Wednesday it has signed a memorandum of understanding with Super Micro Computer (SMCI) to explore the integration of Nano's energy systems with Supermicro's artificial intelligence server and data center platforms.The companies will explore projects to deploy Nano's microreactors to provide nuclear power for data centers, integrate Supermicro's AI server racks and cooling systems with nuclear energy products, and develop go-to-market strategies for data center clients, among others goals, according to a statement.Financial details were not provided.Nano shares were up past 15% in Wednesday morning trading, and Supermicro was up nearly 16%.Price: $26.45, Change: $+3.68, Percent Change: +16.16%
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Australia
BofA Securities Lifts Price Target on Advanced Micro Devices to $450 From $310, Maintains Buy Rating
Advanced Micro Devices (AMD) has an average rating of buy and mean price target of $401.23, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $405.65, Change: $+50.39, Percent Change: +14.18%
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