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Why Super Micro (SMCI) Stock Is Trading Up Today
Super Micro (SMCI) shares rose 8% after the company announced a successful test of its AI infrastructure functioning as a high-speed ‘Virtual Power Plant’ and the launch of a new enterprise AI data platform, the CNode-X Solution, created with VAST Data and NVIDIA. The Virtual Power Plant demonstration showcased the AI systems’ ability to stabilize electric grids during power surges, highlighting a new application for their hardware. The CNode-X Solution aims to accelerate AI system deployment for businesses.