Alpha Compute stock jumps as $32.2 million AI GPU deal puts tiny Nasdaq firm in focus
Alpha Compute shares jumped 28% after the company disclosed a two-year, $32.2 million lease for 504 Nvidia B200 GPUs at a Canadian data center, according to a May 13 Form 6-K. The customer was not named. The deal is expected to generate $16.1 million in annual recurring revenue. Execution risks remain.