Alset Capital (TSE:KSUM) has released an update.
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Alset Capital’s investee, Cedarcross, has inked a deal for the initial sale of three high-performance Nvidia H100 GPU servers for $1.37 million, with an option for the buyer to purchase an additional 200 units for $91.7 million, further bolstering Cedarcross’s $29.7 million revenue from its server distribution business this year. This agreement underscores Cedarcross’s solid position in the high-performance computing market and Alset’s strategic investment portfolio.
For further insights into TSE:KSUM stock, check out TipRanks’ Stock Analysis page.
