Alset Capital, Inc. (TSE:KSUM) has released an update.
Alset Capital Inc. has announced a lucrative $26 million contract for its investee, Cedarcross International Technologies, to distribute Nvidia H100 GPU servers, known for their cutting-edge AI training capabilities. This deal boosts Cedarcross’s high-performance computing server distribution revenue to approximately $28 million year-to-date. The agreement not only marks significant growth for Cedarcross but also highlights the strategic market position and diverse offerings of the company in the competitive HPC industry.
For further insights into TSE:KSUM stock, check out TipRanks’ Stock Analysis page.
