SharonAI Holdings shares surge 22.22% intraday after signing $125M AI infrastructure deal with ESDS to deploy 8K B300 cluster in Australia.

SharonAI Holdings surged 22.22% intraday, driven by the announcement of a $125 million, five-year AI infrastructure agreement with ESDS Software Solutions. The deal involves deploying an 8K B300 cluster in Australia, with revenue expected to begin in Q3 2026. The company positions itself as Australia's leading Neocloud, specializing in AI and high-performance computing infrastructure, offering sovereign AI cloud services using GPUs like the NVIDIA B300 to meet enterprise and government demand for data sovereignty and low-latency computing.