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VCI Global Acquires 64 Super Micro Computer Servers for Over $25 Million
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VCI Global Acquires 64 Super Micro Computer Servers for Over $25 Million
Jan 27, 2025 6:42 AM

09:29 AM EST, 01/27/2025 (MT Newswires) -- VCI Global ( VCIG ) said Monday it has acquired 64 Super Micro Computer ( SMCI ) servers equipped with 512 Nvidia ( NVDA ) H200 tensor core graphics processing units for more than $25 million to roll out its artificial intelligence cloud business.

The investment, made through its AI Computing Center Malaysia unit, is expected generate roughly $6 million in annual revenue, representing an estimated 20% increase in earnings by next year.

VCI said its unit's first AI computer center in Cyberjaya, Malaysia is expected to go live in Q2.

Shares of VCI rose 21% in recent Monday premarket activity, while Super Micro was down 9%.

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