Core AI Stock Soars 55% on Q2 Revenue Surge and AI Data Center Push
CHAI sits 72% above its 52-week low of $0.232 on elevated volume (21× avg).
Summary
Core AI Holdings shares jumped 55% to $0.39 on Friday after Q2 results showed revenue up 56% YoY to $22.4M and gross loss narrowed 97% to near breakeven. The company also generated $5.4M in operating cash flow in H1 2026, lifting cash to $12M. Management is diversifying into AI infrastructure with four new joint venture agreements for data centers. The stock's massive move reflects a re-rating of a micro-cap that is now showing real operating momentum and a strategic pivot beyond mobile gaming.
At the time of this announcement, CHAI was trading at $0.40 on NASDAQ in the Technology sector, with a market capitalization of approximately $10.3M. The 52-week trading range was $0.23 to $15.68. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Benzinga.