Digi Power X Expands AI Infrastructure with New Collaboration

Digi Power X ( (TSE:DGX) ) has shared an update.

Digi Power X’s subsidiary, US Data Centers Inc., is collaborating with Super Micro Computer, Inc. to deploy customized B200 GPU rack solutions at a new data center in Alabama. This collaboration is a significant step in expanding Digi Power X’s AI and high-performance computing infrastructure, with plans to scale up operations significantly by 2027, potentially enhancing the company’s market position in sustainable energy and high-performance computing.

The most recent analyst rating on (TSE:DGX) stock is a Buy with a C$2.50 price target. To see the full list of analyst forecasts on Digi Power X stock, see the TSE:DGX Stock Forecast page.

Spark’s Take on TSE:DGX Stock

According to Spark, TipRanks’ AI Analyst, TSE:DGX is a Neutral.

Digihost Technology’s stock score reflects a mixed outlook. The company’s financial performance shows significant challenges with ongoing losses, impacting overall profitability. However, the technical analysis indicates strong upward momentum, suggesting market optimism. While the valuation is hindered by a negative P/E ratio, the earnings call and recent corporate events point to potential growth opportunities through strategic expansion and revenue diversification. Investors should weigh these opportunities against the persistent financial challenges.

To see Spark’s full report on TSE:DGX stock, click here.

More about Digi Power X

Digi Power X is an innovative energy infrastructure company that develops cutting-edge data centers to drive the expansion of sustainable energy assets.

Average Trading Volume: 19,604

Technical Sentiment Signal: Sell

Current Market Cap: C$79.5M

See more insights into DGX stock on TipRanks’ Stock Analysis page.