Generac signed a deal to supply a major AI hyperscaler with backup generators. The stock is up about 100% in 2026.
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Generac Joins Data Center Fracas; Soars On Generator Deal With AI Hyperscaler
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08:51 AM ET 06/02/2026
Shares of the energy company Generac shot up on Tuesday morning after the company announced an agreement to supply a major data center operator with power generators. The stock jumped close to 10% ahead of Tuesday's open, according to MarketSurge. Generac said it had inked a deal with a "leading hyperscale data center operator," which would include providing it with…
Generac Signs Global Supply Agreement with Leading Hyperscale Data Center Operator to Supply Backup Power
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Generac Signs Global Supply Agreement with Leading Hyperscale Data Center Operator to Supply Backup Power
The backup-generator maker is on track for its sixth straight day of gains and best week since November 2024. It is up nearly 12%…
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