VivoPower shares surge 14.77% intraday after board members bought 2.65M shares and leadership shift focusing on AI data center infrastructure, including acquisitions and financing.

VivoPower surged 14.77% intraday after board members, led by Executive Chairman Kevin Chin, collectively purchased 2.65 million shares, and the company announced leadership changes alongside a strategic shift to AI data center infrastructure. Key moves include acquiring Finland’s 291MW site, securing a 25MW data center platform in the UAE, completing a $30M PIPE financing, and planning to acquire Norway’s 40MW data center, expected to add $10M in EBITDA.