Benchmark completes work on Aurora exascale supercomputer

Published 24/07/2025, 12:10
Benchmark completes work on Aurora exascale supercomputer

TEMPE, Ariz. - Benchmark Electronics, Inc. (NYSE:BHE), a $1.46 billion market cap engineering services provider with a "GOOD" financial health rating according to InvestingPro, announced it has successfully completed commissioning and validation work on the Aurora exascale supercomputer at Argonne National Laboratory, according to a company press release.

The Arizona-based engineering and manufacturing services provider collaborated with Intel on manufacturing, test development, and test support for the supercomputer, which will serve the U.S. scientific community and Department of Energy.

Intel selected Benchmark for its expertise in building liquid-cooled, high-performance computing subsystems and test development capabilities. All work performed by Benchmark was completed within the United States.

Aurora, capable of performing one quintillion calculations per second, continues Argonne’s series of supercomputers following previous systems named Intrepid, Mira, Theta, and Polaris.

"Aurora is expanding researchers’ capabilities across science and engineering, enabling advances in areas ranging from aircraft design and fusion energy to cosmic exploration and the discovery of new materials," said Michael Papka, director of the Argonne Leadership Computing Facility, in the statement.

Benchmark’s contributions included developing and implementing tests for the system’s liquid-cooled components and manufacturing system blades.

Jeff Benck, president and CEO of Benchmark, stated that the company was "honored to have worked with Intel to build one of the fastest and most powerful supercomputers ever created."

The Aurora supercomputer is now online and available for scientific research projects that combine artificial intelligence, simulation, and data analysis, according to the announcement.For investors seeking deeper insights into Benchmark Electronics’ financial performance and growth potential, InvestingPro offers comprehensive analysis including 8+ additional ProTips and a detailed Pro Research Report, part of its coverage of 1,400+ US equities.

In other recent news, Benchmark Electronics reported its first-quarter 2025 earnings, surpassing analyst expectations. The company achieved an earnings per share of $0.52, exceeding the forecasted $0.50, and reported revenue of $676 million, which was higher than the projected $639.43 million. Despite a 6.5% year-over-year revenue decline, which was slightly worse than the anticipated 5% decrease, Benchmark managed to deliver a solid earnings performance. The semi-cap and aerospace & defense sectors showed strong growth, while the Medical, Industrial, and Advanced Computing & Communications segments continued to face challenges. Needham, a respected research firm, recently adjusted its financial outlook for Benchmark, reducing the price target to $48 from $50 but maintaining a Buy rating. The revision followed the company’s report of a tariff-related demand impact towards the end of the first quarter. These developments reflect Benchmark’s mixed performance across different sectors.

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