By Zacks Equity Research
Publication Date: 2026-05-27 16:04:00
Gorilla Technology Group Inc. GRRR rose 12.9% yesterday after announcing a strategic agreement with Indonesia’s NeutraDC to secure AI-focused data center capacity across Asia. The deal starts with a capacity of 5.5 megawatts and is expected to expand to around 18 MW by November 2026. This infrastructure will support enterprise AI workloads, GPU deployments, and commercial AI services as demand for computing power surges in the region.
Rather than waiting to build facilities from scratch, Gorilla secured existing capacity through a regional operator, allowing for faster rollout and lower execution risk. This reduces upfront construction costs and shortens delivery times, allowing the company to monetize demand more quickly.
This is Gorilla Technology’s third major AI infrastructure move in Asia in a month. On April 29, the company expanded its India partnership with Yotta Data Services on a project involving AI infrastructure worth around $2.8 billion…
