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SpartanNash to Webcast First Quarter 2025 Earnings Conference Call

SpartanNash to Webcast First Quarter 2025 Earnings Conference Call

GRAND RAPIDS, Mich., May 15, 2025 /PRNewswire/ -- Food solutions company SpartanNash® (the 'Company') (Nasdaq: SPTN) will announce its financial results before the stock market opens on Thursday, May 29, 2025, for the 16-week first quarter ended April 19, 2025.
The Company will host a conference call to discuss its quarterly results with additional comments and details on Thursday, May 29, 2025, at 8:30 a.m. ET. There will also be a simultaneous, live webcast available on SpartanNash's website at corporate.spartannash.com/events under the 'Investors' section, which will remain archived on the Company's website through Thursday, June 12, 2025.
A supplemental quarterly earnings presentation will also be available on the Company's website at corporate.spartannash.com/investor-presentations.
About SpartanNash
SpartanNash (Nasdaq: SPTN) is a food solutions company that delivers the ingredients for a better life. Committed to fostering a People First culture, the SpartanNash family of Associates is 20,000 strong. SpartanNash operates two complementary business segments – food wholesale and grocery retail. Its global supply chain network serves wholesale customers that include independent and chain grocers, national retail brands, e-commerce platforms, and U.S. military commissaries and exchanges. The Company distributes products for every aisle in the grocery store, from fresh produce to household goods to its OwnBrands, which include the Our Family® portfolio of products. On the retail side, SpartanNash operates nearly 200 brick-and-mortar grocery stores, primarily under the banners of Family Fare, Martin's Super Markets and D&W Fresh Market, in addition to dozens of pharmacies and fuel centers with convenience stores. Leveraging insights and solutions across its segments, SpartanNash offers a full suite of support services for independent grocers. For more information, visit spartannash.com.
INVESTOR CONTACT:
Kayleigh Campbell
Head of Investor Relations
[email protected]
MEDIA CONTACT:
Adrienne Chance
SVP and Chief Communications Officer
[email protected]
View original content to download multimedia: https://www.prnewswire.com/news-releases/spartannash-to-webcast-first-quarter-2025-earnings-conference-call-302452972.html
SOURCE SpartanNash

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PROPOSED RTO, $35 MILLION FINANCING & CONSOLIDATION OF THE PECOY COPPER PORPHYRY PROJECT IN SOUTHERN PERU
PROPOSED RTO, $35 MILLION FINANCING & CONSOLIDATION OF THE PECOY COPPER PORPHYRY PROJECT IN SOUTHERN PERU

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PROPOSED RTO, $35 MILLION FINANCING & CONSOLIDATION OF THE PECOY COPPER PORPHYRY PROJECT IN SOUTHERN PERU

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ VANCOUVER, BC, June 11, 2025 /CNW/ - Priyanka Capital Inc. ("Priyanka" or the "Company") is pleased to announce that it has entered into a letter of intent with Pecoy Copper Limited, a special purpose vehicle ("Pecoy SPV") founded by the former management team of Nomad Royalty Company Ltd. The proposed transaction is intended to result in a reverse takeover of the Company by Pecoy SPV (the "RTO"). The Transaction Pecoy SPV has recently signed a series of binding acquisition and option agreements (the "Acquisition Agreements") with Copper X Mining Corp., Pembrook Copper Corp., and various private third parties to consolidate ownership of the Pecoy copper-gold-molybdenum project (the "Pecoy Project" or "Pecoy") located in southern Peru. Upon closing of the Acquisition Agreements and the RTO (the "Transaction"), the Company, to be renamed Pecoy Copper Corp. (the "Pecoy Copper"), will directly or indirectly either own, or hold an option to acquire, all of the properties comprising the Pecoy Project. Closing of the RTO is conditional upon receiving conditional approval (the "TSXV Conditional Approval") from the TSX Venture Exchange ("TSXV") for the listing of the common shares of the Company on the TSXV. As part of the Transaction, Pecoy SPV has engaged Canaccord Genuity Corp. ("Canaccord Genuity") to act as lead agent and sole bookrunner in connection with a private placement of subscription receipts for gross proceeds of approximately $35 million. Management, officers and affiliates of Pecoy Copper intend to subscribe for up to $8.5 million of the private placement. Creating A New Leading Copper-Gold Focused Development Company The Transaction would unlock the full potential of one of the world's largest undeveloped copper-gold-molybdenum porphyry deposits by consolidating its ownership for the first time. The benefits of this transaction to the Company are expected to include the following: Pecoy Copper represents a rare opportunity to acquire one of the world's largest undeveloped copper-gold-molybdenum porphyry deposits, with an Inferred Mineral Resource of approximately 865 million tonnes grading 0.34% Cu, 0.012% Mo, 0.05 g/t Au, and 1.33 g/t Ag; containing 6.5 billion pounds of copper and offering substantial resource expansion potential. The Pecoy Project has over US$65 million in historical investment since its discovery in 2011 that supports the potential for a large-scale, low-strip, open-pit operation at a favorable low elevation of 1,650 metres above sea level. Significant exploration upside exists not only at Pecoy but also across more than 19,772 hectares of surrounding concessions, including the Tororume Project, with multiple early and advanced-stage targets already identified. To date, only 48,576 metres of diamond drilling have been completed at Pecoy, with near-term priority targets in the center of the pit and south breccia zones. Initial metallurgical testing indicates a high copper recovery rate of 88%, with no deleterious elements detected. Further testwork will assess the potential to produce a molybdenum concentrate through Cu-Mo separation. The project benefits from robust infrastructure and long-term community agreements, including a 30-year surface access agreement with local communities, active drill permits, and an operational exploration camp — all of which support near-term drilling and development efforts. Peru is a top-tier mining jurisdiction, consistently ranked among the world's leading producers of copper, gold, silver, tin and zinc. Mining is a key contributor to the country's GDP and the global supply of metals. Strategically located within the Southern Peru Porphyry Copper Belt, Pecoy sits at the northwestern end of a district that hosts world-class deposits such as Cerro Verde, Cuajone, Toquepala, Quellaveco, Zafranal, and Cerro Negro, making it ideally positioned for rapid advancement. Proceeds from the upcoming financing will be used to complete 30,000 metres of exploration drilling, conduct metallurgical and geotechnical studies, and advance the Pecoy Project toward a Preliminary Economic Assessment (PEA). The Offering Pecoy SPV has entered into an engagement letter with Canaccord Genuity to act as lead agent and sole bookrunner, on its own behalf and on behalf of a syndicate of agents (collectively, the "Agents"), in connection with an offering of subscription receipts (the "Subscription Receipts") at a price of $0.60 per Subscription Receipt (the "Offering Price") for gross proceeds of approximately $35 million (the "Offering"). The Offering shall be conducted on a "best efforts" private placement basis. Pecoy SPV has also granted the Agents an option (the "Agents' Option") to sell up to such number of additional Subscription Receipts as is equal to 15% of the number of Subscription Receipts sold under the Offering at the Offering Price. The Agents' Option shall be exercisable, in whole or in part, at any time up to 48 hours prior to closing of the Offering. Upon closing of the Offering, the gross proceeds of the Offering, less certain payments to the Agents on account of their expenses and partial commission, shall be held in escrow until certain conditions are met, including receipt of the TSXV Conditional Approval and the satisfaction of all conditions to closing of the Acquisition Agreements. Each Subscription Receipt shall be automatically exchanged for, without payment of any additional consideration and without further action on the part of the holder thereof, one common share of Pecoy SPV upon satisfaction of the escrow release conditions prior to the date that is 90 days following the Offering closing date. Upon closing of the RTO, all Pecoy SPV shares, including the shares issuable under the Subscription Receipts, shall be exchanged for shares of Pecoy Copper. Additional details of the Offering shall be announced upon closing of the Offering. The net proceeds of the Offering shall be used to fund the cash consideration in connection with the Acquisition Agreements, advance exploration and development of the Pecoy Copper Project, as well as for working capital and general corporate purposes. The completion of the foregoing transactions is subject to a number of closing conditions, including shareholder approval in certain circumstances and the receipt of the TSXV Conditional Approval. "Pecoy Copper is a rare opportunity to unlock one of the world's largest undeveloped copper-gold-molybdenum systems," said Vincent Metcalfe, CEO, Director and Co-Founder of Pecoy Copper. "With a large-scale resource already defined, exceptional exploration potential, and long-term community agreements in place, we are well positioned to accelerate development. Pecoy Copper is set to play a meaningful role in Peru's mining future and the global copper supply chain. We're thrilled to launch this new chapter with the strong support of all our stakeholders." "Having worked in Peru for over 10 years, I, like Mr. Metcalfe, have continuously sought 'The Project' that combines established value, scale, exploration potential, and a clear development roadmap," commented Paul Matysek, Chairman and Co-Founder of Pecoy Copper. "Historically, the advancement of the project has been hampered by fractured ownership, but uniting both parts of the deposit for the first time is a major milestone that clears the way for further development. Our experienced team, an established resource with significant upside, a 30-year community agreement, and proximity to infrastructure, are key elements that will propel Pecoy Copper to success." Pecoy Copper Board and Management Upon closing of the Transaction, the management and board of the Company shall be reconstituted to lead the development of the Pecoy Project. The board will consist of Paul Matysek (Chair), Luis Zapata, Vincent Metcalfe, Jerrold Annett, Jose Luque and two additional nominees to be determined. The management team will be led by Vincent Metcalfe as President and CEO and will include Vincent Cardin-Tremblay as Chief Geological Officer and Luis Zapata as Managing Director (Peru) in addition to other management appointments to be determined. Vincent Metcalfe – President, CEO & DirectorAccomplished senior executive with over 20 years of experience building companies and advancing mining projects. Brings deep expertise in M&A, financial management, and raising capital. Co-Founder of Evolve Royalties and former CEO and Chair of Nomad Royalty, sold to Sandstorm. Recipient of the YMP Peter Munk Award for leadership and innovation in mining. Paul Matysek – ChairmanSerial entrepreneur, M&A specialist, and geologist with over 40 years of experience in the mining industry. Since 2007 as CEO or Chairman, Mr. Matysek has sold six publicly listed companies, in aggregate worth over $3 billion, with two assets going into commercial production: Bethune Mine - Potash One and Lindero Mine - Goldrock Mines. Most recently, he was the CEO of Gold X Mining Corp. that was sold to Grand Columbia Gold Corp. for approximately $365 million. Mr. Matysek is a recipient of the EY Entrepreneur of the Year for Mining & Resources. Vincent Cardin-Tremblay – Chief Geological OfficerAccomplished geologist with extensive exploration and mining experience across the Americas and Africa. Served as VP–Geology at Nomad Royalty Company prior to its acquisition by Sandstorm Gold. He has also held senior technical roles at Harte Gold, Golden Star, and IAMGOLD, and worked with Freeport-McMoRan and Glencore. Luis Zapata – Managing Director – Peru, DirectorFinance and mining executive with 15 years of experience in resource development. Mr. Zapata has financed and operated numerous mining and energy projects. Currently serves as CEO of a private Peruvian gold producer, and as President & Director of Axcap Ventures. Held senior roles including Head of Latin American Equities at Canaccord Genuity. Jerrold Annett – DirectorGlobal mining and capital markets specialist, and metallurgist with 29+ years of experience in mining. Most recently responsible for leading Capstone Copper's investor relations, marketing and metal sales activities. Worked at Teck Resources and Falconbridge as a metallurgist and in metal sales, followed by 10 years in capital markets, including with Scotiabank where he was Head of Mining Institutional Sales. He is a P. Eng. and has a Bachelor of Applied Science in Mining and Mineral Engineering from Queen's University. Jose Luque – DirectorSenior executive with over 30 years of experience building shareholder value. Possesses profound insights in mining operations, M&A, organizational leadership, project management, financial management and restructuring. Serves as CEO of Gea Mining which promotes the development of underground mines and exploration of copper porphyry targets. Held senior executive positions in several S&P companies in the United States and Latin America. Pecoy – Resource Statement Pecoy - Inferred Resources Cut-Off Tonnage Grade Contained % Cu M tonnes Cu % Mo % Au ppm Ag ppm B Lbs Cu 0.15 2,278 0.24 0.010 0.03 1.10 12,053 0.20 1,302 0.29 0.011 0.04 1.23 8,324 0.23 865 0.34 0.012 0.05 1.33 6,451 0.25 742 0.36 0.012 0.05 1.37 5,889 Notes: 1. Mineral Resources are not Mineral Reserves and have not demonstrated economic viability. 2. The MRE has been categorized in accordance with the CIM Definition Standards (CIM, 2014). 3. All figures are rounded to reflect the relative accuracy of the estimates. Minor discrepancies may occur due to rounding to appropriate significant figures. 4. The Mineral Resource was estimated by Ms. Muñoz QP (MAIG) of Mining Plus, Independent Qualified Person under NI 43-101. 5. The effective date of the Mineral Resource Estimate is 30 April 2025. 6. The Mineral Resource is reported inside a whittle pit shell with a cut-off grade of 0.23 % copper, estimated using a copper price of US$/lb 3.25, molybdenum price of US$ 8/lb, gold price of US$ 1,400/oz and silver price of US$ 20/oz. 7. Mining Plus is not aware of any legal, political, environmental, or other risks that could materially affect the potential development of the Mineral Resource Estimate Conditions to Closing The completion of the Transaction will be subject to a number of conditions customary for a transaction of this nature, including but not limited to entering into a definitive agreement in respect of the Transaction, the receipt of required regulatory and corporate approvals, approval of the Amalgamation by the shareholders of Pembrook, completion of the Acquisition Agreements; and the closing of the Offering. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. About the Pecoy Project The Pecoy Project covers an area of 9,975 hectares (ha) across 19 concessions without prior mining activity. The Project is located along the northwest extension of the Southern Peru Porphyry Copper Belt, a metallogenic corridor that hosts several large-scale porphyry copper deposits. The project area is underlain by intrusive rocks of the Coastal Batholith, including porphyritic granites and granodiorites, which are intruded by hydrothermal breccias, dacitic porphyries and multitude of dikes. Alteration consists of widespread sericitization (chlorite and sericite alteration) and silicification near the center of the system, grading downward to potassic and outward to propylitic alteration. Additionally, there are narrow gold-bearing quartz veins in the periphery of the system. Mineralization is associated with a porphyry copper system featuring well-developed supergene and primary zones, where copper occurs mainly as chalcocite and chalcopyrite. At surface, mineralization is almost totally oxidized. Leached, supergene, copper oxide, enrichment and transitional zones of the porphyry copper deposit are leached to a maximum depth of 200 to 240 m. The secondary enrichment zone has an average approximate thickness of 20 m, with a minimum of 2 meters and a maximum of 70 m. The primary mineralization extends to depths greater than 1,000 m, with significant copper and gold values hosted in breccia bodies and porphyritic intrusions and remains open laterally and at depth. The Pecoy Project is situated at the northwest end of the Southern Peru Porphyry Copper Belt which also hosts the large Cuajone, Toquepala, Quellaveco, Cerro Verde, Zafranal, and Cerro Negro porphyry deposits. Porphyry copper mineralization occurs above multi-phase intrusive complexes and can produce large tonnage, low grade copper deposits with possible by-products of gold and molybdenum. To date, the Pecoy Project includes 121 diamond drill holes totaling 48,576 m of drilling. Drilling has consistently intersected porphyry-style mineralization, with copper, gold, silver, and molybdenum values continuously distributed across the drilled area. The technical disclosure in this news release has been reviewed and approved by Vincent Cardin-Tremblay, P. Geo., who is a Qualified Person as defined by National Instrument 43-101 of the Canadian Securities Administrators. About the Company The Company is a reporting issuer in the Provinces of British Columbia and Alberta. The Company's shares are not currently listed on any stock exchange and it is presently engaged in identifying and evaluating potential business opportunities. ON BEHALF OF THE BOARD OF DIRECTORS Robert Dubeau, President, CEO and Director Suite 1500, 1055 West Georgia Street, Vancouver, BC V6E 4N7 Telephone: 778 837 8550 Email: bobbydubeau@ Cautionary Note Regarding Forward-Looking Statements This news release includes certain statements that may be deemed "forward-looking statements". All statements in this new release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur and specifically include statements regarding the Transaction, the Amalgamation; the timing and potential completion of the Transaction; satisfaction of the conditions precedent to closing of the Transaction; the Name Change; the Board Re-Constitution; and the Company's business and strategic plans. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward looking statements. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change. SOURCE Pecoy Copper View original content:

Hyperion Closes Strategic Funding Round Led by OKX Ventures to Accelerate Unified Liquidity and Trading Layer on Aptos
Hyperion Closes Strategic Funding Round Led by OKX Ventures to Accelerate Unified Liquidity and Trading Layer on Aptos

Associated Press

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  • Associated Press

Hyperion Closes Strategic Funding Round Led by OKX Ventures to Accelerate Unified Liquidity and Trading Layer on Aptos

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ASUS Announces Key Milestone with Nebius and Showcases NVIDIA GB300 NVL72 System at GTC Paris 2025
ASUS Announces Key Milestone with Nebius and Showcases NVIDIA GB300 NVL72 System at GTC Paris 2025

Associated Press

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  • Associated Press

ASUS Announces Key Milestone with Nebius and Showcases NVIDIA GB300 NVL72 System at GTC Paris 2025

Accelerating AI with scalable performance and next-gen infrastructure PARIS, June 11, 2025 /PRNewswire/ -- ASUS today joined GTC Paris at VivaTech 2025 as a Gold Sponsor, highlighting its latest portfolio of AI infrastructure solutions and reinforcing its commitment to advancing the AI Factory vision with a full range of NVIDIA® Blackwell Ultra solutions, delivering breakthrough performance from large-scale datacenter to personal desktop. ASUS is also excited to announce a transformative partnership milestone in its partnership with Nebius. Together, the two companies are enabling a new era of AI innovation built on NVIDIA's advanced platforms. Building on the success of the NVIDIA GB200 NVL72platform deployment, ASUS and Nebius are now moving forward with strategic collaborations featuring the next-generation NVIDIA GB300 NVL72 platform. This ongoing initiative underscores ASUS's role as a key enabler in AI infrastructure, committed to delivering scalable, high-performance solutions that help enterprises accelerate AI adoption and innovation. Andrey Korolenko, Chief Product and Infrastructure Officer at Nebius said: 'We have collaborated with ASUS for many years and appreciate its impressive capability to deliver swift and efficient solutions. ASUS not only delivers consistently against our exacting technical requirements, but also demonstrates deep professional expertise in building AI infrastructure. The company's forward-thinking approach and technical excellence have been a key enabler for our projects, and we look forward to working together to deliver the next generations of AI infrastructure.' AI servers: Building NVIDIA AI Factories for enterprise Leading the charge in AI advancement, ASUS is driving scalable, agentic AI through increased token generation. At GTC Paris, ASUS will unveil its latest AI Factory infrastructure solutions built on NVIDIA RTX PRO Servers as well as the NVIDIA Grace Blackwell Ultra systems. The ASUS AI POD,builtwiththeNVIDIA GB300 NVL72 system, delivers exceptional performance for complex AI inference tasks, making it ideal for advanced AI applications. Meanwhile, ASUS XA NB3I-E12, featuring the NVIDIAHGX B300 system, pushes the boundaries of AI computing with higher FLOPS and a massive 2.3TB of HBM3e memory — accelerating training and inference for large-scale models. To further address the growing demands of high-performance AI and HPC environments, ASUS introduced the new ESC8000A-E13P. This 4U NVIDIA MGX server supports up to eight NVIDIA RTX PRO6000 Blackwell Server Edition GPUs, NVIDIA BlueField-3 DPUs, and NVIDIA ConnectX-8SuperNICs with built-in PCIe® 6.0 switches, offering seamless integration, performance optimization, and scalability for modern data centers and agile IT deployments AI Inferencing: Enabling intelligent services at scale ASUS also unveiled powerful AI inference solutions, introducing a new lineup of workstations and a compact-sized supercomputer engineered to tackle today's most demanding workloads. Leading the range is the ExpertCenter Pro ET900N G3, the first system powered by the NVIDIA GB300 Grace Blackwell Ultra Superchip, with up to 784GB of large coherent memory. Another is the groundbreaking ASUS Ascent GX10, a compact AI supercomputer powered by the NVIDIA GB10 Grace Blackwell Superchip, that delivers 1,000 AI TOPS performance for demanding workloads. Equipped with a NVIDIABlackwell GPU, 20-core Arm CPU, and 128GB of memory, it supports AI models up to 200-billion parameters, placing petaflop-scale inferencing capabilities on developers' desks. Designed from the ground up for AI, both products deliver exceptional performance for large-scale training and inference on a desktop. Combined with the NVIDIA AIsoftwarestack, it is purpose-built for teams that demand the best in AI development. ASUS: Proven expertise in AI infrastructure With server expertise dating back to 1995, ASUS delivers reliable, end-to-end infrastructure solutions —ranging from individual components to fully integrated systems — backed by world-class R&D and global manufacturing capabilities. Driven by the Ubiquitous AI, Incredible Possibilities vision, ASUS supports clients in accelerating their advancement in the global AI race. Through flexible customization, deep technical expertise, and a proven track record in deployment, ASUS empowers enterprises to scale AI initiatives with confidence and efficiency. View original content to download multimedia: SOURCE ASUS

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