Axe Compute Secures $260M Nvidia GPU Contract Amid Persistent Institutional NVDA Buying

Axe Compute CEO Chris Miglino announced a $260 million contract to deploy Nvidia GPUs and a multi-billion-dollar pipeline, highlighting accelerating corporate demand for AI compute infrastructure. This caps a bullish day for NVDA, following Nvidia's participation in DeepInfra's $107 million Series B with Samsung to tackle AI inference bottlenecks, and repeated heavy institutional inflows per MoneyFlows data. NVDA's fiscal Q4 delivered $68 billion revenue (up 73% YoY) at 75% GAAP gross margin with $78 billion (±2%) guidance due May 20; shares rose 20.8% over the past month amid 3-year sales growth of +101.8% and EPS +266.2%.