Super Micro jumps after reaching $20B partnership agreement with DataVolt

DataVolt, a Saudi Arabian data center company, on Tuesday announced the signing of a multi-year partnership agreement with Super Micro (SMCI) Computer, a company engaged in energy-efficient, application-optimized server solutions that will fast-track delivery of ultra-dense GPU platforms and rack systems for DataVolt’s hyperscale AI campuses in the Kingdom of Saudi Arabia and the U.S. “We are thrilled to partner with Supermicro and build on the strong foundations laid in these first 100 days of the Trump Administration. The policies and engagement of President Trump’s administration and the strategic vision of His Royal Highness Mohammed bin Salman Al Saud, Crown Prince and Prime Minister, created a welcome business environment. Our vision is to pair gigawatt-class renewable and net zero green hydrogen power with the industry’s most advanced server technology, giving customers access to unprecedented scale and sustainability. Partnering with Supermicro guarantees us a U.S.-made supply chain for critical GPU systems and positions DataVolt to accelerate our investment plans” said Rajit Nanda, CEO of DataVolt. The deal, valued at $20B, deepens the strategic bond between the companies and marks a major milestone and commitment to artificial intelligence and data center solutions. Shares of Super Micro are up nearly 18% in premarket trading.