Stock Track | WhiteFiber Soars 8.63% on Major $160M+ AI Compute Agreement with Investment-Grade Customer

Stock Track

05/22

WhiteFiber, Inc. (WYFI) saw its stock price soar 8.63% in early trading, driven by the announcement of a significant new business agreement.

The AI infrastructure provider signed a five-year agreement to provide AI compute infrastructure for an investment-grade technology customer, with total contract value exceeding $160 million. The deployment will be located in the Paris region and will utilize advanced NVIDIA GPU systems, with service expected to commence in July 2026.

In connection with the deployment, WhiteFiber has entered a binding term sheet for project-level financing expected to close in June 2026 and has secured third-party data center capacity in France. CEO Sam Tabar stated the agreement reflects strong global demand for AI compute infrastructure and the company's ability to secure large-scale deployments with capital-efficient financing structures.

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