SharonAI Holdings Inc (NASDAQ:SHAZ) shares extended their rally into Monday, building on momentum from a major Nvidia partnership announced at the end of last week tied to the company's sovereign AI infrastructure buildout in Australia.

Key Highlights

  • SharonAI shares extended gains into Monday following a six-year Nvidia compute partnership announced Friday.
  • The deal carries a contract value of up to $4.88 billion and targets 72 megawatts of new AI data center capacity.
  • The agreement involves deployment of up to 40,000 Nvidia Grace Blackwell GB300 GPUs in Australia.
  • SharonAI's total AI factory capacity has expanded to 132 megawatts, with 102 megawatts already contracted.

SharonAI Holdings Inc (NASDAQ:SHAZ), an Australian neocloud provider focused on sovereign AI infrastructure, saw its shares continue to climb on Monday, extending a rally that began Friday after the company announced a six-year strategic compute collaboration with Nvidia.

The agreement, which SharonAI said carries a contract value of up to $4.88 billion, targets the deployment of 72 megawatts of new AI data center capacity in Australia, including up to 40,000 Nvidia Grace Blackwell GB300 GPUs. The partnership builds on SharonAI's existing status as a certified Nvidia Cloud Partner and expands its role in providing sovereign AI compute infrastructure to startups, enterprises, government bodies, and research institutions across the Asia-Pacific region.

Following the announcement, SharonAI said its total AI factory capacity has grown to 132 megawatts, with 102 megawatts already under contract with end customers, and that the company expects to have more than 55,000 Nvidia GPUs deployed by mid-2027. The company operates with a business model comparable to other neocloud providers that lease GPU compute capacity to AI developers and enterprises.

Monday's continued strength reflects ongoing investor enthusiasm for companies positioned within the broader artificial intelligence infrastructure buildout, particularly those with direct Nvidia partnerships and visibility into multi-year contracted capacity. The stock's rapid rise since its public debut earlier this year underscores the level of investor appetite for sovereign AI and neocloud infrastructure plays.