Investing.com -- Super Micro Computer Inc. (SMCI) shares jumped 7.9% in premarket trading on Wednesday after the company announced a multi-year, $20 billion partnership with Saudi data center firm DataVolt.
The agreement will see Supermicro deliver high-density GPU platforms and rack-scale liquid cooling systems to power DataVolt’s hyperscale AI campuses in Saudi Arabia and the United States.
The deal is aimed at accelerating the adoption of sustainable, large-scale computing infrastructure.
“We are thrilled to partner with Supermicro and build on the strong foundations laid in these first 100 days of the Trump Administration,” said DataVolt CEO Rajit Nanda.
He cited support from President Trump and Saudi Crown Prince Mohammed bin Salman as key to enabling the business environment.
“Partnering with Supermicro guarantees us a U.S.-made supply chain for critical GPU systems and positions DataVolt to accelerate our investment plans,” added Nanda.
Supermicro President and CEO Charles Liang said the company would continue to expand its U.S. manufacturing operations as part of the agreement.
“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,” he said.
The companies described the agreement as a strategic alignment combining renewable energy, advanced server technologies, and international cooperation. DataVolt plans to power its campuses using gigawatt-scale renewable energy and net-zero green hydrogen.