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ARB IOT Group Stock Soars 66.15% on USD53.0M AI Contract
Generated by AI AgentAinvest Movers Radar
Tuesday, Apr 15, 2025 4:08 am ET1min read
On April 15, 2025, ARB
Group's stock surged by 66.15% in pre-market trading, marking a significant rise that has captured the attention of investors and analysts alike.ARB IOT Group has secured a substantial contract valued at approximately USD53.0 million through its subsidiary, ARB R1 Technology Sdn Bhd. This agreement involves supplying advanced ARB-222 AI servers to Whizzl Group for AI data center solutions in Malaysia. The contract aims to deliver high-performance AI-driven data center solutions designed to enhance AI model training, accelerate data processing, and provide deeper operational insights.
CEO Dato' Sri Liew Kok Leong highlighted the company's expertise in AI infrastructure and its commitment to delivering scalable solutions. This strategic contract is expected to strengthen ARB IOT's revenue base and demonstrate its capability in enterprise-scale AI infrastructure delivery. It also creates opportunities in the AI and data center sectors, supporting the company's growth strategy through portfolio expansion and real-world deployment at scale.
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