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Wire

Top Midday Gainers

Axe Compute (AGPU) said Wednesday it has received a $260 million enterprise infrastructure contract to deploy 2,304 Nvidia (NVDA) B300 graphics processing units and storage infrastructure in a US tier 3 data center.Shares surged 88% as intraday trading volume soared to over 74.8 million from a daily average of about 1.92 million.GE Vernova (GEV) reported on Wednesday a year-over-year jump in Q1 earnings and revenue, and raised its annual revenue forecast.Shares advanced 13%, with intraday trading volume rising to over 3.12 million from a daily average of roughly 2.64 million.Toro (TORO) declared a special dividend of $0.90 a share, payable June 5 to stockholders of record on May 4.Shares soared 84% to $7.31 after midday, with intraday trading volume climbing to over 14.7 million from a daily average of about 55,000.Price: $9.02, Change: $+4.14, Percent Change: +84.73%

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Wire

Axe Compute Receives $260 Million Contract to Provide Nvidia B300 Chips; Shares Jump Pre-Bell

Axe Compute (AGPU) said Wednesday it has received a $260 million enterprise infrastructure contract to deploy 2,304 Nvidia (NVDA) B300 graphics processing units and storage infrastructure in a US tier 3 data center.Under the 36-month contract, Axe said it will deliver dedicated infrastructure to support large-scale AI model training, fine-tuning, and high-throughput inference workloads.Axe said it plans to deploy the GPUs in Q3 and that it has options to renew the contract for additional years.Shares of the company were up 117% in Wednesday premarket activity.

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