On August 4, SharonAI Holdings Inc. rose 8.73% in regular trading, trading at $56.67/share, with turnover of $53.83 million.

On the news front, the company announced it has signed a five-year cloud computing service deal with an undisclosed artificial intelligence platform, with a total contract value of $373 million. Revenue from this agreement is expected to commence in Q1 2027. Additionally, the company announced plans to expand its AI factory platform from 62,000 to 64,000 NVIDIA GPUs, with completion targeted by mid-2027.

These developments build on SharonAI's previously announced six-year strategic compute collaboration with NVIDIA valued at up to $4.88 billion, and a $1.6 billion oversubscribed private placement financing for deploying up to 40,000 Grace Blackwell GB300 GPUs. The company's next earnings report is scheduled for August 6, with consensus expecting revenue of approximately $5.95 million and adjusted EPS of -$0.41.

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