On July 9, SharonAI Holdings rose 8.05% in pre-market trading, trading at $82.88/share, with turnover of approximately $301,500. The stock had previously declined 8.7% on July 7 amid market concerns over AI computing overcapacity, and this pre-market strength represents a continued oversold recovery driven by multiple positive catalysts.
On the news front, Nvidia announced on July 1 a new AI infrastructure collaboration model with SharonAI as a first-batch partner, planning to deploy up to 40,000 Grace Blackwell GB300 GPUs through a revenue-sharing and credit-support mechanism to co-build large-scale AI factories. Additionally, former OpenAI researcher Leopold Aschenbrenner's fund Situational Awareness LP disclosed holding approximately 10% of the company's shares in late June, becoming a significant shareholder. These dual catalysts have sustained buying interest despite lingering market skepticism around AI compute oversupply.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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