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Technology upgrades and resetting expectations

Thu, 01st May 2025 16:02

Northern Data has revised its targets for the current year, reflecting technology investments and changes in market conditions. While the investments will clearly have longer-term benefits, the reality is a setback for current-year expectations and turns 2025 into another year of transition. The company should remain of interest to investors wanting exposure to the longer-term growth in high performance computing (HPC) infrastructure fuelled by AI services.

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