Workhorse Group Shares Rise 21% Following $10 Million AI Infrastructure Agreement
Workhorse Group (WKHS) saw a significant stock price increase of 21% after announcing a new $10 million agreement with UK-based RHAELM Holdings. The partnership focuses on developing a full-scale manufacturing specification unit for the company's TerraPod modular data center platform. This strategic move marks Workhorse Group's official entry into the AI infrastructure market. By leveraging its manufacturing capabilities to support modular data centers, the company aims to diversify its revenue streams and capitalize on the growing demand for specialized hardware required for artificial intelligence workloads.
Tickers: $WKHS
Topics: AI Infrastructure Data Centers Manufacturing Agreement