Sify Technologies Limited (SIFY) shares are experiencing a significant surge on Tuesday after the company announced its partnership with NVIDIA. Sify has become an NVIDIA DGX-Ready Data Center partner, certified for liquid cooling, marking a major advancement in its data center infrastructure capabilities. This certification signifies that Sify’s data center deployment solution meets the specifications to support a high capacity of 130 KW/rack. Additionally, the cooling solution adheres to ASHRAE’s 30 years ambient temperature guidelines, ensuring efficient and reliable operation.
This partnership positions Sify as a leading provider of AI infrastructure solutions. As Tony Paikeday, senior director, DGX platform at NVIDIA, stated, “AI is emerging as the competitive differentiator for businesses, and many organizations are looking for a colocation partner who can speed time to market, with the ability to securely host and scale AI infrastructure.” Sify, as India’s first NVIDIA DGX-Ready Data Center partner certified for liquid cooling, offers businesses a cost-effective solution to meet their AI infrastructure demands.
The announcement has triggered heavy trading volume for SIFY shares, with over 46 million shares traded before Tuesday’s opening bell. The stock is currently trading at 79 cents, representing a 140% increase.
This surge in interest has likely sparked curiosity about how to invest in Sify Technologies. Investors can typically purchase shares through a brokerage account. Many platforms offer fractional shares, allowing investors to purchase portions of a stock without buying an entire share. For those seeking to bet against the company, the process involves accessing an options trading platform or a broker that allows shorting. Shorting involves borrowing shares to sell, with the hope of buying them back at a lower price. Alternatively, investors can choose to buy put options or sell call options, both of which provide opportunities to profit from a decline in the share price.
