DGXX is trading at $9.07 (+8%) in pre-market action, extending a multi-day surge following the announcement of a 10-year AI data center partnership with Cerebras Systems.
- The stock has maintained significant upward momentum since the May 5 deal, posting gains of 13% on May 12, 12% on May 11, and 7% on May 8 as demand for AI infrastructure grows.
- The price action is driven by company-specific catalysts rather than broader market trends, as major cryptocurrencies remain flat with Bitcoin and Ethereum up less than 1% since the close.