Highlights

  • WhiteFiber stock climbed more than 9% following a new AI data center agreement.
  • Analyst Kevin Dede of H.C. Wainwright reaffirmed a buy rating with USD34 target.
  • The 10-year colocation contract with Nscale Global is valued at approximately USD 865 million.

WhiteFiber (NASDAQ:WYFI) saw its shares rise sharply on Monday, gaining over 9%, driven by investor activity following last week’s announcement of a major AI data center agreement. The movement reflects continued market interest in the company’s recent developments.

Details of the Colocation Agreement
The main catalyst for the stock increase is WhiteFiber’s colocation deal with cloud services provider Nscale Global Holdings. Under the agreement, WhiteFiber will provide 40 megawatts of critical IT load at Nscale’s AI data center in North Carolina. The contract spans 10 years, with a total value of around USD 865 million.

This arrangement positions WhiteFiber with a direct relationship to an AI infrastructure and cloud company that serves notable clients including OpenAI and Microsoft.

Market Reaction
While single agreements do not solely determine company performance, the market responded positively to the combination of the deal and analyst coverage. The share price movement on Monday made WhiteFiber one of the top performers among tech stocks for the day.

Share Price Snapshot
On 22 December 2025, the stock closed at USD 18.31, recording a change of 9.38%, from the previous session. The stock opened the day at USD 16.80, touched an intraday high of USD 19.10, and fell to a low of USD 16.45. The company’s market capitalisation stands at USD 70.05 Cr.