Tech-focused utility firm Fluence Energy (FLNC) gained a whopping 43.8% intraday on June 1, after a three-way partnership was announced between the company, Siemens AG (SMERY), and Nvidia Corporation (NVDA).
Under the terms of the partnership, the companies would focus on establishing a reference architecture blueprint for the next generation of AI data centers. Basically, Siemens and Fluence are partnering to develop an industrialized power and control system centered on Nvidia's advanced Vera Rubin NVL72 rack-scale AI supercomputer.
