Chipmakers and AI stocks have been pushing the market higher this year. A big reason is Nvidia (NVDA), which keeps signing major deals around the world. That includes a long-term, multigenerational partnership with Meta Platforms (META) to deploy millions of GPUs, a $3.4 billion deal with IREN (IREN) for AI cloud capacity, and even smaller players like Digi Power X (DGXX) committing $35 million. The trend is that when Nvidia signs a deal, the companies involved tend to get immediate attention from investors.
That brings SharonAI Holdings (SHAZ) into focus. The Australian neocloud company recently announced a six-year compute deal with Nvidia, centered on building 72 megawatts of new data center capacity and scaling up to 40,000 Grace Blackwell GB300 GPUs.
