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InnoTek secures 'preferred vendor' status from Nvidia Corp and IEIT Systems (update)

The Edge Singapore
The Edge Singapore  • 2 min read
InnoTek secures 'preferred vendor' status from Nvidia Corp and IEIT Systems (update)
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Metal parts maker InnoTek's shares gained by more than a third to close at 75 cents on Oct 13 after news that it has been approved as a "recommended vendor" for Nvidia Corp and Shenzhen-listed IEIT Systems Co.

Via its subsidiary Magix Mechatronics (Dongguan) Company, InnoTek has secured initial precision machining orders for components used in Nvidia's products.

InnoTek, in its pre-market announcement on Oct 13, says it has been sending prototypes for use in Nvidia's AI server platforms and data centre deployments. It expects production to start from this current 4QFY2025.

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