SolarEdge Technologies Inc. (NASDAQ:SEDG) shares are rising Thursday after the company announced a key milestone in its AI data center power hardware alongside a joint technical framework developed with NVIDIA.
- SolarEdge Technologies stock is among today’s top performers. Why is SEDG stock up today?
SolarEdge Hits Milestone in 800 VDC Data Center Power Path
Engineers at SolarEdge have gotten a critical piece of hardware, the stage that steps medium-voltage power down to 800 volts DC within the company’s broader power delivery chain for AI data centers, running under actual electrical load inside company labs, with testing now extending to how the entire system performs together.
Alongside that progress, SolarEdge teamed up with NVIDIA Corp (NASDAQ:NVDA) to release a white paper called “800 VDC Protection and Grounding for AI Data Centers,” aimed at giving the industry a vendor-agnostic blueprint for safety systems as data centers increasingly move toward DC power setups that conventional AC-era safety approaches weren’t built to handle.
Rather than prescribing one company’s specific engineering choices, the document lays out the baseline safety and grounding requirements any 800 VDC system should meet, weighs different grounding methods against each other, and outlines a segmented approach to fault protection, one where problems get isolated and operations keep running inside secured equipment areas, while power cuts off instantly at points where technicians might make physical contact.
SolarEdge CEO Shuki Nir framed the real test for 800 VDC adoption as whether the industry can prove these systems hold up reliably when it comes to protection, maintenance and long-term trust, something he said no single company can pull off alone. He pointed to his company’s work spanning the entire power journey from the utility connection down to individual server racks, along with the NVIDIA collaboration, as steps toward solving that shared challenge.
SolarEdge’s Chart Shows a Stock Attempting to Base
Shares are running about 11% higher than the 20-day average of $32.60, hinting that a floor may be forming in the near term, but the picture looks rougher zooming out, with the stock sitting roughly 11% under its 50-day mark of $40.60 and nearly 14% beneath the 200-day level of $42.08. Making matters more challenging, a death cross showed up in September, a technical signal that tends to keep bounces on shaky ground until the stock can climb back above those longer-running averages.
Momentum readings sit right in the middle, with RSI at 51.67, a number that shows the stock isn’t overextended in either direction and looks more like a name working through repairs than one poised for a breakout. The stock carved out a swing high back in June followed by a swing low in August, bracketing the current attempt to stabilize, while the full 52-week span, running from $28.21 up to $81.25, illustrates just how much ground shares would need to recover to challenge their earlier highs.
On the charts, $37 stands out as the resistance level to watch, a round figure where past recovery attempts have lost momentum, while $29.50 marks support, a zone that has drawn buyers before and sits close to where the stock bottomed over the past year.
SEDG Shares Are Moving Higher
SEDG Price Action: SolarEdge shares were up 1.96% at $35.90 at the time of publication on Thursday, according to Benzinga Pro.
Image: Shutterstock
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