Not just another “AI” headline
Digi Power X is suddenly looking a lot less like a tiny infrastructure name and a lot more like a legit AI landlord. The company said it signed a master services agreement with Cerebras Systems for a purpose-built 40-megawatt data center campus in Columbiana, Alabama — and the stock did what stocks do when they smell a giant contract: it launched.
The money part is the point
The initial 10-year term is valued at roughly $1.1 billion, with total potential contract value climbing to as much as $2.5 billion if renewal terms get exercised. That’s not pocket change, and it gives Digi Power X a long runway of visible revenue instead of the usual “trust us, the future is bright” energy.
Why investors care
Here’s the part that matters if you own the stock: the deal could start generating revenue in late 2026, with full ramp expected after the project is completed. The company plans to break ground immediately, split the build into two phases, and bring the campus online in steps — first 15 MW, then the remaining 25 MW.
- Phase 1 is targeted for service by Dec. 15, 2026
- Full deployment is expected by the end of Q1 2027
- The customer also has an expansion option that could add up to $1.4 billion more in contract value
Big picture
CEO Michel Amar basically said the quiet part out loud: Digi Power X wants to be taken seriously in AI infrastructure, not just invited to the table. If the build goes smoothly, this could be the kind of deal that changes the company’s growth story — and maybe its market cap too.