2CRSi: wanted

(Boursier.com) — 2CRSi rose 3.2% to 4.1 euros at midday in Paris, sought after the ‘GPU Technology Conference’, a show organized by Nvidia from March 17 to 21. The French group took advantage of the opportunity to strengthen its relations with its American partner, and to finalize new sales of servers for artificial intelligence for $29.3 million.

This publication seems to confirm the good momentum of 2CRSi since the start of 2024, says Oddo BHF. The sale of Boston allowed 2CRSi to refocus on its historical activity and the company saw demand for its servers explode, driven largely by GODi 1.8 servers specially designed for Artificial Intelligence. The announcement of this contract seems to confirm 2CRSi’s ability to achieve its turnover objective of 150 ME. In addition, its growth should also be sustained in the next 2 years, thanks among other things to the development of the $610 million mega contract. The broker thus reiterates its ‘outperformance’ opinion and its target of 6.3 euros.