- Valuetronics (SGX:BN2) entered into a joint venture called Trio AI with Beijing Sinnet Technology, 55% and 45% stake respectively, to provide GPU (graphic processing unit) and AI (artificial intelligence)-related value-added cloud services in Hong Kong.
- - Read this at SGinvestors.io -
- We do not expect any material impact on Valuetronics' earnings from this investment. We believe the near-term returns on a GPU as a service will be attractive due to the high demand and constrained supply of GPUs.
Key highlights
Revenue model:
- - Read this at SGinvestors.io -
- Valuetronics will acquire the GPUs (and related equipment) and lease them to the joint venture for 60 months. Revenue from this investment is unlikely to be significant.
Joint Venture:
- Read more at SGinvestors.io.
Above is the excerpt from report by Phillip Securities Research.
Clients of Phillip Capital may be the first to access the full report in PDF @ https://www.stocksbnb.com/.
Paul Chew Phillip Securities Research | https://www.stocksbnb.com/ 2024-07-01
Previous report by Phillip:
2024-06-03 Valuetronics - Get Paid As Customer Base Is Refreshed.
Price targets by other brokers at Valuetronics Target Prices.
Listing of research reports at Valuetronics Analyst Reports.
Relevant links:
Valuetronics Share Price History,
Valuetronics Announcements,
Valuetronics Dividends & Corporate Actions,
Valuetronics News Articles
