Pioneering the Future: AMAX’s Public Investment Drive Powers AI ExpansionFREMONT, CA & TAIPEI, TAIWAN / ACCESSWIRE / November 9, 2023 / AMAX, a frontrunner in synthetic intelligence (AI) and machine studying (ML), high-performance computing (HPC), and liquid cooling options, celebrates its preliminary public providing (IPO) on the Taiwan Stock Exchange (TWSE) as AMAX-KY (6933).AMAX Executive Team The main group for AMAX.AMAX celebrated its public itemizing on the Taiwan Stock Exchange earlier at present, marking a major milestone in AMAX’s international growth. With mirrored manufacturing websites for engineered HPC options within the United States, Ireland, Taiwan, and China, AMAX positions itself properly to ship cutting-edge computing options on a worldwide scale.With the worldwide demand for superior server applied sciences experiencing fast growth as a consequence of AI/ML improvement, AMAX has reported a considerable 27% improve in its liquid-cooled full cupboard options over the previous three years, considerably contributing to the corporate’s profitability.Catering to essential wants in design, meeting, gross sales, and help, AMAX incorporates applied sciences from business giants similar to Intel, AMD, Cisco, Broadcom, DDN, and NVIDIA. The firm boasts a robust worldwide footprint, with 60% of gross sales generated from EMEA and the US and 40% from APAC.Pioneering AI Technologies Propel AMAX to Industry ForefrontChairman and President Jean Shih attributes the corporate’s success to pivotal developments in AI applied sciences which have fueled transformative purposes starting from conversational AI to autonomous automobiles. AMAX’s dedication to analysis and improvement, significantly in liquid cooling and AI applied sciences since 2015, has positioned it on the forefront of the business, properly forward of opponents by way of creating hole applied sciences and engineering providers.Market analysis helps the corporate’s strategic course, with AI server shipments projected to rise by a minimum of 8% in 2023, and the worldwide liquid cooling information middle market anticipated to expertise a compound annual development price of 24%, reaching US$15.56 billion by 2030.AMAX’s Financial Trajectory Signals a New Age in AIThe firm’s monetary efficiency speaks to its operational excellence, with revenues reaching 209.4 million USD in 2022. The first half of 2023 has already seen revenues of 96.1 million USD, promising a continuation of sturdy market demand.AMAX’s entry into the general public market marks a milestone for the corporate and traders desirous to take part within the development of an organization on the reducing fringe of AI and liquid cooling applied sciences.About AMAXAMAX Engineering is a worldwide pc {hardware} producer that designs and offers superior HPC, information middle, liquid cooling, and AI options. Founded in 1979, AMAX is a trusted chief in reworking IT infrastructures at scale. AMAX offers options for corporations within the sectors of AI, healthcare, semiconductor, telecommunications, and different sectors.Note to Editors:For extra particulars, together with funding prospects and detailed monetary efficiency, please check with the investor relations part on the AMAX web site.This announcement comprises forward-looking statements. Actual outcomes could differ materially from these projected as a consequence of numerous elements and uncertainties.Contact InformationAndrew Lekashman Marketing Manager [email protected] 510-497-8661SOURCE: AMAXView supply model on accesswire.com: https://www.accesswire.com/801965/amax-debuts-public-offering-targets-expansion-with-pioneering-ai-and-liquid-cooling-solutions
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