Tiger Brokers

BUZZ-Supermicro jumps, company partners with Eviden to expand distribution of AI SuperClusters

Reuters
Mar 12, 2025
BUZZ-Supermicro jumps, company partners with Eviden to expand distribution of AI SuperClusters

** Server maker Supermicro SMCI.O jumps 7.3% to $39.58; stock among the top gainers on the S&P 500 during the session

** Eviden, a unit of information technology firm Atos Group ATOS.PA, collaborates with SMCI to distribute company's AI SuperCluster with NVIDIA GB200 NVL72 products across Europe, India, Middle East and South America.

** Eviden to offer Nvidia GB200 NVL72 product as part of broader infrastructure services

** "Collaborating with Eviden enables us to greatly expand our presence in Europe" - Supermicro CEO Charles Liang

** On Monday, Rosenblatt reinitiated coverage of SMCI with a "buy" rating and $60 price target

** Out of 14 analysts covering SMCI, five rate it "buy", seven "hold" and two "sell", according to data compiled by LSEG

** SMCI up 29%, YTD

(Reporting by Lisa Pauline Mattackal)

((LisaPauline.Mattackal@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10