Axe Compute stock surges 119.75% intraday after reporting $12M in executed enterprise GPU agreements and $835K monthly income outlook.

Axe Compute surged 119.75% intraday following the announcement of $12 million in executed enterprise GPU agreements, with an estimated $835,000 in recurring monthly income starting Q2 2026. The contracts, spanning 20+ customers and 30+ deployments, highlight the company’s shift toward enterprise AI infrastructure and recurring revenue. Management emphasized that these are not speculative agreements but represent production workloads, signaling growing commercial traction and operational momentum. The news reinforced the company’s repositioning in the AI compute market and triggered a sharp repricing by traders, who appear to be factoring in the potential for meaningful income generation from its GPU services in the coming year.