In the early trade on November 28, shares of Netweb Technologies witnessed an impressive 10 percent surge following the company’s revelation of a groundbreaking collaboration with American chip giant NVIDIA. Under this strategic partnership, Netweb Technologies will serve as the manufacturing partner for NVIDIA’s highly advanced Grace CPU Superchip and GH200 Grace Hopper Superchip MGX server designs.
Netweb Technologies’ CMD, Sanjay Lodha, expressed enthusiasm about the collaboration, stating, “The initiative of Make-in-India by NVIDIA to support the PMO vision is a great beginning. It will bring locally manufactured cutting-edge technologies at par with global standards.” The company emphasized that this collaboration aligns seamlessly with the government’s ambitious “Make in India” mission, contributing to the advancement of indigenous technological capabilities.
As of 10:20 am, Netweb Technologies’ shares continued their upward trajectory, trading 8.34% higher at ₹879.00, reflecting the market’s positive response to the company’s pivotal role in fostering cutting-edge technology through collaboration with NVIDIA.