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Shares of Gorilla Technology Group (GRRR) jumped nearly 10% on Tuesday after the company unveiled a data center agreement that could generate more than $2 billion in revenue.
GRRR stock clocked its biggest single-day gains in nearly two months, and is on track to record a fourth straight session in the green.
Gorilla struck a data center capacity agreement with Indonesia-based NeutraDC, under which it secured an initial allocation of around 5.5 megawatts (MW) of data center capacity, which is expected to expand to nearly 18MW by November 2026.
The company said the fully scaled deployment could generate more than $2 billion in revenue over a five-year period based on current AI computing market rates.
The initial capacity has already been provisioned and is scheduled for deployment, while additional capacity will be rolled out in phases as infrastructure development progresses. Gorilla plans to install advanced GPU infrastructure at NeutraDC’s facilities to support enterprise, government, and large-scale artificial intelligence applications across the region.
This represents Gorilla’s third data center infrastructure deal in Asia in less than a month. In late April, Gorilla Technology expanded its partnership with Yotta Data Services in a deal valued at about $2.8 billion, deepening its push into India’s booming AI infrastructure market. The agreement adds 20,736 Nvidia B300 GPU cards to an earlier deployment of 640 AI servers and over 5,000 GPUs, with deliveries expected by September 2026.
Earlier this month, the company secured land in Thailand to build a 200MW facility designed to support high-density GPU deployments for governments and enterprises. Construction is set to begin in July 2026, with the project expected to generate up to $1.5 billion in annual revenue from 2028.
Retail sentiment for GRRR on Stocktwits flipped to ‘bullish’ from ‘bearish’ a day earlier.
One user expects the stock to rise over $100 by 2027, given its revenue potential. It is currently trading at around $16.
However, another user called the current level “seller’s zone.”
GRRR shares have seen significant buying interest so far this year, gaining more than 45%.
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