Super Micro Jumps 20% After Securing $20 Billion Deal with Saudi Arabia–Backed DataVolt
Super Micro Computer shares surged 20% on Wednesday following the announcement of a multi-year, $20 billion partnership with Saudi data center firm DataVolt.Under the agreement, supermicro will supply
Super Micro Computer shares surged 20% on Wednesday following the announcement of a multi-year, $20 billion partnership with Saudi data center firm DataVolt.
Under the agreement, supermicro will supply high-density GPU platforms and rack-scale liquid cooling systems to support DataVolt’s hyperscale AI campuses in both Saudi Arabia and the United States. The partnership aims to accelerate the adoption of sustainable, large-scale computing infrastructure powered by renewable energy and green hydrogen.
“We are thrilled to partner with Supermicro and build on the strong foundations laid in the first 100 days of the Trump administration. The policies and engagement of President Trump’s administration, along with the strategic vision of His Royal Highness Mohammed bin Salman Al Saud, Crow
n Prince and Prime Minister, have created a welcoming business environment,” said Rajit Nanda, CEO of DataVolt.
President Trump on Tuesday announced $600 billion in commitments from Saudi Arabia to U.S. companies. Defense and AI chip firms stand to benefit most, with Nvidia confirming it will sell hundreds of thousands of AI chips to Saudi Arabia. The initial shipment will include 18,000 of its newest Blackwell chips, destined for Humain—an AI startup recently launched by Saudi Arabia’s sovereign wealth fund. AMD also announced a $10 billion collaboration with Humain.
The White House stated that DataVolt will invest $20 billion in AI data centers and energy infrastructure in the United States, with Super Micro expected to play a central role in delivering the required computing technology.
“By working together, we will bring cutting-edge AI and compute infrastructure, enabling the Kingdom’s vision of becoming a global hub for technology and innovation,” said Charles Liang, President and CEO of Supermicro.
The companies described the partnership as a strategic alignment combining renewable energy, advanced server technologies, and international collaboration. DataVolt plans to power its AI campuses using gigawatt-scale renewable energy and net-zero green hydrogen.
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