Netweb Technologies up 4% after launching Make-In-India servers for data centers, AI systems

Shares of Netweb Technologies jumped 4% on Wednesday after the company announced the launch of its state-of-the-art, Make-In-India range of servers.

Netweb Technologies said that the single/dual socket server platforms are designed to harness the capabilities of the latest 4th gen AMD EPYC processors. The servers are available in 1U, 2U, 4U, workstations, and other models.

The company pointed out that these platforms are optimised to meet the demanding needs of high-performance computing environments and diverse workloads. The platforms allow flexible configuration of systems in terms of I/O expansion and storage support. Netweb Technologies’ new server models support dual AMD EPYC 9004 Series which goes up to 256 cores and boasts high computational performance for intensive workloads. The systems support memory for up to 6 TB, offering substantial scalability in-memory capacity.

Additionally, this results in the server’s ability to oversee large datasets in memory computing and complex applications.

The firm stated that these will allow the building of systems for a variety of use cases ranging from data centre computing requirements, high-performance computing, and AI systems to a variety of storage solutions including high-performance storage solutions and solutions supporting high capacity based on the workload requirements.

Vijay Sinha, corporate vice president of AMD India sales said that by supporting Netweb Technologies with the 4th Gen AMD EPYC processor, the company is taking a step forward in advancing technology and innovation while supporting the Make-In-India initiative.

“AMD EPYC processors are designed to deliver exceptional performance, efficiency, and lower total cost of ownership (TCO) to deliver on the increased demand for cloud, high-performance computing, and the ever-growing AI market,” he said.

Netweb Technologies India is a provider of high-end computing solutions (HCS) with fully integrated design and manufacturing capabilities.

Shares of Netweb Technologies have risen by nearly 120% since the beginning of the year. The stock has gained over 185% in the last one year.