The company confirmed it has reached full utilization, having already pre-sold 100% of its production capacity. To meet the rising demand, NN is scaling its manufacturing footprint to 52 dedicated machines. Of this fleet, 50 units will focus on high-volume production lines, while two machines are reserved for developing samples to secure future business.
In section Market Quotes
NN Stock Soars 49% on Nvidia Liquid Cooling Supply Expansion
Investors pushed NN shares up 49% to $4.11 in Monday’s premarket trading after the company announced a surge in immediate-supply awards for liquid cooling components. These new contracts bolster the firm’s role in Nvidia’s artificial intelligence data center ecosystem, building on a year that has already seen the stock price double.
Chief Executive Harold Bevis credited the growth to a focused internal strategy aimed at cementing the company’s position in the data center market. NN is currently pouring capital into new technology and production capabilities to sustain this momentum, viewing these additional awards as a critical step in expanding its liquid cooling portfolio.
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