Close menu

news|financial Logo
 

May 30th, 2024 | 07:30 CEST

Takeover fever? Nel, Super Micro Computer, Kraken Energy

  • Mining
  • Uranium
  • nuclear
  • renewableenergies
  • AI
Photo credits: pixabay.com

In the slipstream of Nvidia, the Super Micro Computer share is heading back towards an all-time high. The temporary dip following the strong quarterly figures - which fell short of even higher expectations - has ended, and the share is targeting the USD 1,000 mark. Energy producers are increasingly under the spotlight as the AI boom is set to surge energy demand. The billion-dollar takeover of Atlantica Sustainable Infrastructure by the private equity company Energy Capital Partners is currently underway. It is evident that some of the energy demand will have to be met by nuclear energy, benefiting companies like Kraken Energy, which is developing new uranium deposits in the US. Additionally, takeover speculation has recently driven up Nel ASA's share price, but is the rally already over?

time to read: 3 minutes | Author: Fabian Lorenz
ISIN: NEL ASA NK-_20 | NO0010081235 , SUPER MICRO COMPUT.DL-_01 | US86800U1043 , KRAKEN ENERGY CORP | CA50075X1024

Table of contents:

    Author

    Fabian Lorenz

    Fabian Lorenz

    For more than twenty years, the Cologne native has been intensively involved with the stock market, both professionally and privately. He is particularly passionate about national and international small and micro caps.

    About the author

    Tag cloud

    Shares cloud

    Super Micro Computer: In the slipstream of Nvidia towards an all-time high

    The Super Micro Computer share seems to have overcome its weak phase. In the slipstream of Nvidia, it is on the rise again. After all, the two companies are not only linked by the friendship of their CEOs. They also work closely together operationally, as Super Micro Computer is a leading provider of AI server solutions and data centres and Dell is a major competitor in this area. This share can also benefit from the renewed AI hype.

    Super Micro reported strong growth last quarter. CEO Charles Liang: "We had another record quarter with third-quarter revenue of USD 3.85 billion and non-GAAP EPS of USD 6.65 per share. This 200% year-over-year revenue growth and 308% year-over-year non-GAAP EPS growth significantly outpaced our industry peers. Strong demand for AI rack-scale PnP solutions and our team's ability to develop innovative DLC designs have enabled us to extend our market leadership in AI infrastructure." To this end, the annual forecast has been raised. The technology company aims to generate revenue of USD 14.7 billion to USD 15.1 billion in the 2024 financial year (ending June 30) instead of USD 14.3 billion to USD 14.7 billion. However, investors had likely expected a higher increase.

    Kraken Energy: Positive news from the Apex uranium project

    Whether the data centres are being built by Super Micro or Dell, AI's hunger for energy is one reason why Kraken Energy's shares are attractive. The Company is focused on the development of four high-grade uranium projects in the US - so there is no country risk. All properties are located in the US states of Nevada and Utah. Three projects have already produced uranium in the past, and with new technology and higher prices, a revival is now worthwhile.

    Recently, encouraging news was reported regarding the Apex project. The historic Apex uranium mine, which was once the largest uranium mine in Nevada, is now set to be revived. The latest results of radon samples are promising. Strong radon anomalies and high magnetic anomalies were detected, which correlate well with the known high-grade, near-surface uranium mineralization. Kraken CEO Matthew Schwab: "As we approach drilling at the historic Apex Mine, our team continues to generate exciting new uranium targets along the currently outlined 17.5 km mineralization trend on the Apex property. Our team is excited to identify these new priority uranium targets as we continue to advance and explore the Apex property."

    Kraken plans to begin drilling as early as August, so this project alone will ensure news flow for the rest of the year. If the upcoming announcements are also positive, the share price, which is currently valued at just CAD 5 million, should soon rise.

    Nel: Rally over again?

    The Nel ASA share has celebrated a brilliant comeback in recent weeks. In May, the share price shot up by over 50% - despite the onset of profit-taking yesterday. However, the price increase should not be overestimated. Fundamentally, nothing has changed, and a multi-year low was reached before the price jump. It is likely more of a rebound than a trend reversal. The reason for the rally was takeover speculation, triggered by a cooperation in India. The subsidiary Nel Hydrogen Electrolyser AS has concluded a technology license agreement with the Indian company Reliance Industries Limited (RIL). The Indian company will offer Nel's alkaline electrolysers exclusively in India. The two companies will also work together on the development and production of electrolysers. Nothing more, nothing less. But this was enough for the bombed-out share to fantasize about a takeover of Nel.

    However, the jump in Nel's share price should not be overestimated. It is clear that the Norwegians - just like Plug Power - have been unable to prove that they can establish a sustainably profitable business model for years. The situation is completely different for AI companies such as Super Micro. The industry is making a fortune. Moreover, more and more investors are realizing that the demand for energy will grow rapidly in the coming years. This should not only benefit renewable energies but also uranium pure plays such as Kraken Energy.

    Conflict of interest

    Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as "Relevant Persons") may hold shares or other financial instruments of the aforementioned companies in the future or may bet on rising or falling prices and thus a conflict of interest may arise in the future. The Relevant Persons reserve the right to buy or sell shares or other financial instruments of the Company at any time (hereinafter each a "Transaction"). Transactions may, under certain circumstances, influence the respective price of the shares or other financial instruments of the Company.

    In addition, Apaton Finance GmbH is active in the context of the preparation and publication of the reporting in paid contractual relationships.

    For this reason, there is a concrete conflict of interest.

    The above information on existing conflicts of interest applies to all types and forms of publication used by Apaton Finance GmbH for publications on companies.

    Risk notice

    Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and the like on news.financial. These contents are exclusively for the information of the readers and do not represent any call to action or recommendations, neither explicitly nor implicitly they are to be understood as an assurance of possible price developments. The contents do not replace individual expert investment advice and do not constitute an offer to sell the discussed share(s) or other financial instruments, nor an invitation to buy or sell such.

    The content is expressly not a financial analysis, but a journalistic or advertising text. Readers or users who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. No contractual relationship is established between Apaton Finance GmbH and its readers or the users of its offers, as our information only refers to the company and not to the investment decision of the reader or user.

    The acquisition of financial instruments involves high risks, which can lead to the total loss of the invested capital. The information published by Apaton Finance GmbH and its authors is based on careful research. Nevertheless, no liability is assumed for financial losses or a content-related guarantee for the topicality, correctness, appropriateness and completeness of the content provided here. Please also note our Terms of use.

    Der Autor

    Fabian Lorenz

    Fabian Lorenz

    For more than twenty years, the Cologne native has been intensively involved with the stock market, both professionally and privately. He is particularly passionate about national and international small and micro caps.

    About the author

    Related comments:

    Commented by Fabian Lorenz on July 17th, 2026 | 09:00 CEST

    The End of Siemens Energy? SMA Solar Looks Ahead with Confidence! American Atomics: A Stock for the Uranium Rally!

    • nuclear
    • Uranium
    • Energy
    • Solar
    • renewableenergy

    The stage appears to be set for another uranium rally. Prices are rising again, while experts expect a significant expansion of global nuclear power capacity—and, with it, growing uranium demand. Against this backdrop, American Atomics stands out as an attractive speculative addition to a diversified portfolio. Two exciting projects in the US are expected to generate news flow in the second half of the year and drive the stock higher. Until nuclear power plants can fully meet the soaring energy demands of artificial intelligence, data centers will rely heavily on gas-fired power generation. This is the foundation of Siemens Energy's success. Now, one of Germany's most impressive growth stories of recent years is set to continue under a new corporate name. Meanwhile, SMA Solar is staging a comeback. In a recent interview, the company's CEO explains how the solar company is positioned and looks confidently toward the future. Analysts see further upside potential.

    Read

    Commented by Matthias Schomber on July 17th, 2026 | 07:15 CEST

    Crash Risk or Buying Opportunity? SpaceX Slides, BMW Eyes a Rebound, and Desert Gold Shines on the Charts

    • Mining
    • Gold
    • Commodities
    • geopolitics
    • Space
    • Electromobility

    The situation in the Middle East has continued to escalate, with attacks around the Strait of Hormuz driving up oil prices. Brent crude has recently climbed to around USD 85 per barrel, adding another layer of uncertainty to global financial markets. For investors searching for opportunities in the current environment, it is important to look beyond individual stocks and keep a close eye on geopolitical developments. In this article, we examine three companies from very different sectors and highlight where potential opportunities may be emerging. First, we look at BMW, whose shares are currently trading at what many consider an attractive valuation and may be positioned for a rebound. We also examine SpaceX, whose stock has entered what many investors would describe as crash territory, with the share price falling below its IPO level. Finally, we turn to Desert Gold Ventures, a small West African gold explorer that has continued to make steady operational progress largely independent of broader market turbulence—and largely without attracting much attention. Could this overlooked company represent a significant opportunity for investors?

    Read

    Commented by André Will-Laudien on July 16th, 2026 | 07:30 CEST

    Defence or Artificial Intelligence? On the Hunt for Blockbusters with Rheinmetall, Hensoldt, Strategic Resources, and TKMS

    • VTM
    • ironore
    • AI
    • Defense
    • CriticalMetals
    • GreenSteel

    The market is becoming increasingly concentrated. Despite fresh record highs in July, the number of true winners can almost be counted on one hand. The strongest performers continue to be a select group of high-tech and AI stocks, while semiconductor shares are already beginning to lose momentum. Meanwhile, oil and gas stocks are picking up speed again, while the long upswing in the defence sector that began in 2022 appears to be running out of steam. As a result, many defence companies ranked among the worst-performing stocks during the first half of the year. Now the summer slowdown has arrived, and even a potential interest cut by Fed Chair Kevin Warsh is unlikely to lift sentiment. The reason is straightforward: inflation remains stubbornly high, hovering around the 4% mark in the US for an unusually long time. President Donald Trump had hoped that replacing Jerome Powell would pave the way for lower interest rates, but those expectations now appear increasingly unrealistic. Then there is the tariff setback, which is costing US taxpayers another USD 100 billion. In short, the warning signs of a broader market correction are becoming increasingly difficult to ignore. For active investors, the only real question is when, not if. Against this backdrop, we take a closer look at the battered defence sector in search of the next potential blockbuster investment.

    Read