Volato Group surges 123% after $1.17B AI infrastructure deal
- Volato Group (SOAR) shares jumped ~123% to ~$0.40 in premarket trading on Monday after its Alignment Engine unit won $1.17B in four-year AI infrastructure orders from a large AI customer.
- The orders cover dedicated AMD GPU deployment at Alignment Engine’s planned Ohio AI campus.
- The first deployment uses AMD MI355X GPUs, starting December 31, 2026, followed by MI455X GPUs from June 30, 2027.
- The customer has committed about $133M in prepayments, including roughly $40M after the initial order. Moreover, the remaining contract value will be paid over four years on a take-or-pay basis.
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