On August 4, SharonAI Holdings Inc. rose 9.77% in pre-market trading, trading at $57.0/share, with turnover of $1.6597 million.

On the news front, the company announced plans to expand its AI factory platform NVIDIA GPU count from the current 62,000 to 64,000 units, with completion targeted by mid-2027, aiming to further enhance its artificial intelligence computing capabilities.

This expansion builds on a series of major strategic developments. The company previously signed a six-year compute collaboration agreement with NVIDIA valued at up to $4.88 billion, and completed an oversubscribed $1.6 billion strategic financing to deploy up to 40,000 Grace Blackwell GB300 GPUs across Australia and the Asia-Pacific region. Additionally, a fund led by former OpenAI researcher Aschenbrenner has disclosed a roughly 10% stake in the company. B. Riley has initiated coverage with a Buy rating and a $124 price target.

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