Gorilla Technology Group (NASDAQ: GRRR) shares surged more than 10% on Tuesday after the AI-powered software and infrastructure solutions company secured a major new contract worth $2.5 billion.
The five-year deal, signed with an unnamed customer, tasks Gorilla with providing compute power through its operations at the NeutraDC Batam data center in Indonesia.
Under the first phase of the deployment, Gorilla will bring online 1,000 B300 GPU servers, which are expected to generate roughly half of the anticipated total contract revenue.
Phase 1 of the GPU deployment is targeted for completion by September this year, with the final phase scheduled for the first half of 2027.
Banks have already offered to cover 70% of the project’s total costs, a significant financing development that reduces execution risk for the company.
The stock’s gains on Tuesday put GRRR on track to snap a three-day losing streak, reflecting renewed investor confidence in the company’s growth trajectory.
Jackie Wang, General Manager for Asia at Gorilla Technology, said the deal reflects a fundamental shift in how customers across the region are thinking about AI infrastructure needs.
“Asia is becoming one of the most important growth corridors for AI compute infrastructure. Customers are no longer asking whether AI capacity is needed,” Wang said. “They are asking who can secure the power, the data center capacity, the GPU infrastructure, the financing and the operational delivery. Gorilla is answering that question.”
The latest contract follows closely on the heels of Gorilla closing a $2 billion supply agreement in India, secured in partnership with Supermicro (NASDAQ: SMCI).
Following that agreement, the two companies pledged to pursue further opportunities across the Asia-Pacific market, targeting hyperscale AI data center buildouts, GPU-as-a-Service platforms, sovereign AI programs, and enterprise-scale AI transformation initiatives.
As a direct result of the new contract’s impact on its forward revenue profile, Gorilla said it plans to provide an updated financial outlook in the near term.
On Stocktwits, retail sentiment toward GRRR remained in bearish territory over the last 24 hours, though some traders acknowledged the contract’s potential significance.
One user on the platform noted that the company is positioning itself as a major AI infrastructure player in one of the fastest-growing sectors on the planet.
Another user wrote: “This contract is multiple times larger than GRRR’s historical revenue base and could completely reshape the company’s growth story if execution stays on track.”
GRRR stock has gained more than 51% so far this year, though shares remain down nearly 13% over the trailing 12-month period.
