TLDR
- DGXX stock slips as $35M NVIDIA Vera Rubin order backs NeoCloudz expansion plan
- Digi Power X stock falls despite NVIDIA deal backing AI data center growth plan
- NeoCloudz gains Vera Rubin backing as DGXX stock gives back early session gains
- Digi Power X targets 2027 AI capacity with $35M NVIDIA Vera Rubin systems order
- DGXX pullback follows early spike after major NVIDIA infrastructure update today
Digi Power X (DGXX) shares closed at $7.62, down 3.05%, after an early spike above $8.75 faded. The stock then slipped to $7.60 after hours, down 0.26%, as selling pressure continued. However, Digi Power X tied the weak session to its AI infrastructure push and data center plan.
Digi Power X Inc., DGXX
Digi Power X, an AI data center infrastructure operator, trades on Nasdaq and Cboe Canada. The company announced a $35 million commitment to buy NVIDIA Vera Rubin systems for NeoCloudz. The purchase supports its GPU-as-a-Service business as demand for compute capacity remains elevated across corporate cloud markets.
The update gave the stock a sharp early lift, but the rally failed to hold. DGXX moved lower through the session as traders reacted to the pullback from intraday highs. Even so, the company placed the announcement within a longer expansion plan, not a single hardware order.
NeoCloudz Gains Capacity Through Vera Rubin Order
Digi Power X said the Vera Rubin systems will serve as the next major layer for NeoCloudz. NVIDIA designed Vera Rubin as the rack-scale successor to Blackwell, with Rubin GPUs and Vera CPUs. The company expects initial deployment in the first quarter of 2027, pending production and delivery timing.
The delivery timeline still depends on NVIDIA’s production and shipping schedule. Digi Power X plans to fund the purchase through cash on hand, not equity issuance. It also plans to sell the new capacity through its NeoCloudz platform.
NeoCloudz has already processed AI workloads on deployed NVIDIA B200 and B300 GPUs since May 15, 2026. Besides, Digi Power X recognized its first AI-related revenue in May 2026. That milestone gives the platform early commercial footing before the Vera Rubin rollout.
Data Center Buildout Supports Longer Growth Plan
Digi Power X said its flagship AI data center campus remains on schedule. Phase 1 targets 15 megawatts of IT load and a December 15, 2026 service date. The company also targets full 40-megawatt deployment by the end of fiscal first quarter 2027.
The company completed the dedicated on-site substation for Phase 1. Moreover, it finalized grid interconnection and secured a power delivery agreement with the local utility. It also locked commitments for major long-lead equipment, including electrical and switchgear systems.
Digi Power X reported about $150 million in cash and equivalents as of June 3, 2026. It has deployed about $65 million into its Alabama site this year using internal resources. Management advances project-level debt financing, Silicon Valley hiring, and Datacloud Congress meetings in Cannes.
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