Core Viewpoint - WhiteFiber's stock surged by over 17% following the announcement of a long-term colocation agreement with Nscale Global Holdings, expected to generate approximately $865 million in revenue over ten years [1][3]. Group 1: Contract Details - The agreement entails WhiteFiber providing 40 megawatts of critical IT load at its NC-1 data center in Madison, North Carolina [3]. - Nscale will utilize this capacity to offer AI infrastructure services to its investment-grade technology clients [3]. Group 2: Company Strategy and Financials - WhiteFiber's CEO stated that the agreement validates the company's strategy to design NC-1 for hyperscaler specifications and advanced AI workloads [4]. - The company has invested around $150 million in the development of the NC-1 site and is negotiating with lenders for financing to cover remaining construction costs [5]. - WhiteFiber anticipates favorable financing terms from its banking partners [5]. Group 3: Future Development Plans - Securing Nscale as an anchor tenant positions WhiteFiber to unlock additional development sites in its pipeline [6]. - The company is planning to develop more campuses in the latter half of 2026 and 2027 [5].
Why WhiteFiber Stock Surged Today
The Motley Fool·2025-12-20 00:56