SharonAI to Deploy 40,000 Nvidia GB300 GPUs in 6-Year Strategic Compute Collaboration
SHAZ has more than doubled off its 52-week low of $16.55.
Summary
SharonAI announced a six-year strategic compute collaboration with Nvidia, which includes deploying a 72MW AI factory and up to 40,000 Grace Blackwell GB300 GPUs in Australia. This partnership significantly expands SharonAI's total AI factory capacity to 132MW, with 102MW already under contract. The company expects to deploy over 55,000 Nvidia GPUs by mid-2027. This follows a series of major contract wins and capital raises, further solidifying SharonAI's ability to meet high-performance AI compute demand and execute on its growth strategy.
At the time of this announcement, SHAZ was trading at $85.00 on NASDAQ in the Technology sector, with a market capitalization of approximately $1.2B. The 52-week trading range was $16.55 to $86.94. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: Reuters.