Digi Power X Inc. (NASDAQ:DGXX) shares are trading higher Wednesday after the company announced a $35 million commitment to purchase Nvidia’s Vera Rubin platform to expand its NeoCloudz GPU-as-a-Service business.
Digi Power X stock is surging to new heights today. Why are DGXX shares rallying?
Digi Power X Expands AI Infrastructure And Provides Operations Update
Digi Power said it committed $35 million to acquire Nvidia Vera Rubin systems, Nvidia’s rack-scale successor to Blackwell. Initial deployment is targeted for the first quarter of 2027, subject to Nvidia’s production and delivery schedule. The company said it intends to fund the purchase with cash on hand and offer the capacity through NeoCloudz.
The company also provided an operations update, noting that development of its purpose-built AI data center campus remains on schedule. Phase 1, representing 15 megawatts of IT load, is targeting a ready-for-service date of Dec. 15, 2026, with full 40-megawatt deployment targeted by the end of the first fiscal quarter of 2027.
