Blaize Holdings (BZAI) Soars on AI Chip Deals and Partnerships – What’s Next for This Edge AI Stock?
Stock Surges on AI Hype and Contract Wins Blaize’s stock has been on a rollercoaster since its January Nasdaq debut. After an initially steep slide, BZAI shares have recently skyrocketed on the back of big AI contract announcements. The stock doubled in a single day in July after Blaize revealed a $120 million Asian infrastructure deal with Starshine Computing finance.yahoo.com. On that news, BZAI jumped from the mid-$2 range to over $5 per share, a 71% one-day surge to ~$5.18 by market close rttnews.com. A few months later, on September 30, Blaize announced that its AI platform is powering Yotta