U.S. Stocks in Flux | Super Micro Computer (SMCI.US) Rises 7%, Will Partner with DataVolt to Build an Artificial Intelligence Park in Saudi Arabia

According to the Zhixin Financial APP, on Friday, Super Micro Computer (SMCI.US) rose by 7% to $47.09. In terms of news, Super Micro Computer today announced that it has reached a strategic partnership with DataVolt and signed a Memorandum of Understanding (MOU) to initially build a large-scale artificial intelligence campus in the Kingdom of Saudi Arabia. This move aims to promote local digital transformation and technological innovation. The campus will integrate advanced artificial intelligence technology to attract global companies and talent. Through this project, Saudi Arabia hopes to further enhance its position in the global technology field. Specific construction time and details have not been announced. This collaborative relationship must be negotiated by both parties and result in one or more final agreements. The estimated minimum market value of products in the transaction is $20 billion.