Axe Compute skyrockets 166% over $260M contract for Nvidia B300 GPUs

Axe Compute's stock surged ~166% intraday after announcing a $260 million, three-year enterprise contract to deploy a large AI cluster using 2,304 NVIDIA B300 GPUs. The deal sent the small-cap supplier spiking and highlights continued demand for high-end datacenter GPUs. For NVIDIA (NVDA.OQ), the contract is a direct commercial win for its B300 product line and a positive demand signal for its data-center GPU revenue, though the article centers on the supplier's stock move rather than NVIDIA's financials. Market reaction was concentrated in the micro-cap supplier (AGPU), but investors may view the agreement as incremental validation of NVDA's leadership in AI infrastructure and potential for further OEM and system-integration orders.