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
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