SuperX AI Technology Ltd (NASDAQ: SUPX)

SuperX AI Technology Limited is a BVI company limited by shares incorporated on August 25, 2021, that provides interior design, fit-out and maintenance services through its wholly-owned subsidiary OPS HK in Hong Kong and full-stack AI infrastructure solutions through its subsidiaries in Singapore and Australia. The company generates revenue from design, fit-out and repair and maintenance services and the sales of AI server and related IT equipment.

The company operates through the following segments:

• Interior Design Services: This segment provides preliminary consulting services, conceptualizing clients’ design ideas with layout plans, and producing detailed design drawings. Fit-out work includes installing protective materials to cover floors or walls, installing or constructing partition walls, windows and window frames and decorative fittings, furniture or fixtures, installing plumbing systems, as well as installing switches, power outlets, telephone wiring, computer outlet covers and other electrical and wiring work. The segment also provides a broad range of repair and maintenance services including routine home condition upkeep services, replacement of fixtures and fittings, repair and maintenance of cupboards and shelves and repainting walls and ceilings.

• AI Infrastructure Solutions Services: This segment provides AI solutions services by designing, developing, and overseeing the assembly of “SuperX” branded AI servers. Our flagship products include the XN9160-B200 AI Server, which is specially built to accelerate large-scale distributed AI training and AI inference workloads; the XN9160-B300 AI Server, which offers robust GPU performance for intensive, high-demand applications; and the All-in-One Multi-Model Server Series, which is able to pre-configure multiple AI models into a single platform. The segment intends to expand its product and service offerings to include high-performance AI servers, High-Voltage Direct Current (“HVDC”) solutions, high-density liquid cooling solutions, as well as AI cloud and AI agent services.

In the interior design services market in Hong Kong, the company benefits from an experienced management team with over 30 years of industry experience, stable relationships with recurring clients, and strong working relationships with approved subcontractors. In the AI infrastructure solutions industry, the company distinguishes itself through cutting-edge product innovation and full-stack integration, leveraging its rapid product development cycle and NVIDIA’s Blackwell GPUs to deliver supercomputer-level performance for demanding AI workloads.

For the fiscal year ended June 30, 2025, the company generated revenue from 28 clients, with the five largest clients accounting for approximately 84.9% of total revenue. Three clients each accounted for more than 10% of annual revenue, at 30.9%, 28.6% and 10.2% respectively. The company serves both residential and commercial clients in Hong Kong for its interior design services and is expanding its client base in AI infrastructure solutions to include hyperscalers, research institutions and cloud providers.