Axe Compute Inc.
(NASDAQ:AGPU) shares are up on Monday after news that the company secured a significant contract valued at over $1.5 billion for a dedicated AI infrastructure project. • Axe Compute shares are powering higher.
Why is AGPU stock up today?
Lands $1.5B AI Infrastructure Contract As per the five-year contract, the company will deploy a dedicated U.S. cluster featuring over 9,200 NVIDIA Inc (NASDAQ:NVDA) Blackwell B300 GPUs through its Axe Build program.
This contract increases the company's total signed contract value for 2026 to more than $3 billion, nearly doubling its previous run rate expectations.
