WhiteFiber Stock Jumps as AI Data-Center Bet Heats Up Again
WhiteFiber Inc shares rose about 6% in late Nasdaq trading on Monday, rebounding from an intraday low as investors bought back into smaller artificial-intelligence infrastructure names. The stock last traded at $31.56 at 5:38 p.m. EDT, after opening at $29.02 and touching $32.00, giving the company a market value of about $1.21 billion. The move matters because WhiteFiber is still being judged less like a mature data-center company and more like a capital-hungry AI buildout story. It owns high-performance computing, or HPC, data centers — clustered computing power used for heavy AI workloads — and provides cloud-based GPU services, using graphics-processing chips that train and run AI models.