On July 28, SharonAI Holdings Inc. declined 8.15% in regular trading, trading at $49.48/share, with turnover of $21.28 million. The decline comes amid continued broad-based selling pressure across the AI infrastructure sector.

On the news front, GPU cloud service peers saw significant losses in tandem, with CoreWeave down 7.68%, Snowflake down 5.31%, and Cloudflare down 4.98%, reflecting pronounced sector linkage. The stock has now retreated over 70% from its 52-week high of $178, despite a series of positive fundamental developments earlier this year including a six-year strategic compute collaboration with Nvidia worth up to $4.88 billion, completion of an oversubscribed $1.6 billion private placement, and plans to deploy up to 40,000 Grace Blackwell GB300 GPUs across its AI factory network in Australia and Asia-Pacific.

The company's next earnings report is scheduled for August 6, with revenue expected to commence from recently signed cloud infrastructure contracts in Q3 and Q4.

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