Bitdeer Technologies Group (NASDAQ: BTDR) saw a 15.58% surge in its stock price on Wednesday, closing at $14.76 per share. The increase followed the launch of its NVIDIA GB200 NVL72 deployment in Malaysia, aimed at simplifying and scaling AI computing globally.

Bitdeer Technologies Group (NASDAQ: BTDR) is expanding its AI data center footprint with new facilities in Washington, Tennessee, Clarington, and Tydal, Norway. The Washington and Tennessee centers are transitioning from cryptocurrency mining to GPU-optimized AI data centers.

Louis Xu, Head of AI department at Bitdeer Technologies Group (NASDAQ: BTDR), highlighted the significance of the NVIDIA GB200 NVL72 deployment in advancing the company’s goal of building a global, intelligent cloud. The company aims to support the entire AI lifecycle with its expanding data center capacity and GPU infrastructure.

Investors interested in AI stocks should consider opportunities beyond BTDR, as other AI stocks may offer higher returns with limited downside risk. For more insights on potential AI investments, explore the list of 30 stocks expected to double in 3 years and 11 hidden AI stocks to buy now on Insider Monkey’s website.

Read more at Yahoo Finance: Bitdeer (BTDR) Soars 15.6% on Nvidia GB200 Adoption