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Stock impact report

America's Most Successful Small-Caps: The Little-Known Companies Powering The AI Revolution [Forbes]

Power Solutions International, Inc. (PSIX) 
US:NASDAQ Investor Relations: investors.psiengines.com
Company Research Source: Forbes
In March 2024, Dell Technologies unveiled its “AI Factory with Nvidia,” a partnership blending Dell's servers and networking power with Nvidia's semiconductors and software to produce AI-driven products for other enterprises. Like all big tech companies, Dell has placed a heavy focus on artificial intelligence, and its stock has grown fourfold since the start of 2023. Behind the scenes, a little known company called TSS Inc. has been a much bigger winner. In September 2023, when Dell named TSS a “first choice partner” for being a top-performing data center integration partner, TSS' market cap was a mere $10 million. But in October 2024, TSS inked a multi-year deal with Dell to integrate AI-enabled racks of servers, and today, the business is worth $440 million. Its shares have grown 6,000% since the start of last year, all thanks to its prized customer. TSS disclosed in its 2024 annual report that 99% of its $148 million in revenue for the year came from a single OEM (original eq Show less Read more
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