Corvex Announces 6.2 MW Capacity Target for Q4 2026 and Blackwell Offtake Negotiations
During the Q3 2026 earnings call, Corvex, Inc. (MOVE) management provided updates on its infrastructure expansion and power contracting strategy. CEO Jay Crystal confirmed that the company's near-term build plan is now fully contracted regarding power requirements, securing all 7.7 megawatts of critical IT capacity previously outlined in August. The company is also advancing discussions for a three-year offtake agreement involving over 1,000 Blackwell units. Additionally, Corvex aims to have 6.2 megawatts ready for service by the fourth quarter of 2026, signaling steady progress in its capacity deployment schedule.
Tickers: $MOVE
Topics: capacity expansion earnings call infrastructure development