Shares of Datavault AI Inc. (NASDAQ:DVLT) are trading higher after the company announced that the first sites of its new high-performance computing GPU network are now online in New York and Philadelphia.
Datavault AI Inc., which offers a cloud-based platform that can be used to create digital twins, just announced that its 48,000-GPU fleet has come online. The GPU network will help the company with quantum-ready, high-performance computing that will be accessible from 30 cities by the middle of the year.
The network is worth between $1.44 billion and $1.92 billion, and is scheduled to be revenue-generating by the end of the year. The fleet is seen as an alternative source of secure enterprise AI compute capacity in a market where hyperscale cloud providers are in high demand.
“The GPU supply crisis has created a two-tier market – hyperscalers with capacity and enterprises waiting in a year-long queue. Our quantum-ready fleet, built on SanQtum AI’s cyber-secure edge architecture, gives enterprises a path to secure AI compute, data scoring, and tokenized monetization without waiting for hyperscaler allocations,” said Nathaniel T. Bradley, the CEO of Datavault AI Inc.
Datavault AI is sitting in the lower half of its 52-week range (from 25 cents to $4.10), which keeps the longer-term recovery story tentative despite the bounce. The stock is trading 15% above its 20-day simple moving average (SMA) and 17.6% below its 100-day SMA, a split that suggests short-term momentum is improving while the intermediate trend still needs repair.
The moving average convergence divergence (MACD), a trend/momentum measure, has the MACD line above the signal line with a positive histogram, which leans toward improving upside pressure versus the prior downtrend. That "above the signal line" setup is the chart's way of saying buyers have been gaining traction more recently than sellers.
The death cross in February (50-day SMA below the 200-day SMA) still hangs over the longer-term picture, which is consistent with why rallies can run into overhead supply. Over the last 12 months, the stock is up 1.98%, which points to a choppy, range-like tape rather than a clean sustained trend.
DVLT Stock Price Activity: Datavault AI shares were up 11.43% at $0.78 at the time of publication on Thursday, according to Benzinga Pro data.
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