RUM Group Signs $13.7 Billion GPU Services Deal With Warrant For Up To 50.8 Million Shares

RUM Group (RUM) rose 7% to $9.68 after announcing a $13.7B GPU supply deal, dwarfing its $25.46M Q1 revenue. The contract requires 22,400 NVDA GPUs from Northern Data, but RUM lacks funds and must raise capital. Trump Media (DJT) gained 2%, while the Global X Data Center ETF (DTCR) fell 1%.

RUM Group agreed to a $13.7B GPU services contract over six years, with a customer warrant for 12.7% of shares at $0.01 each. The deal requires significant new funding, and shares rose 5.5% on the news. RUM had $203.3M in cash and $66.1M in operating expenses for H1 2026. Analysts' views are limited, with risks including dilution, financing costs, and delivery delays.

RUM Group's shares rose 6% after announcing a $13.7B contract with a U.S. cloud customer for AI chips and GPU services. The deal includes warrants for 50.8M Class A shares. RUM plans to seek financing to fulfill the contract. Q2 revenue was $40.37M, up 60.9% YoY, but GAAP loss per share widened to $0.28.

Rumble Inc. (RUMBW) stock rose 5.5% after its Quake AI unit signed a $13.7B GPU services agreement with a U.S. cloud customer. The deal includes a warrant for 50.8M shares. Q2 2026 revenue was $40.4M, up 61% YoY, with Q3 guidance of $87M-$93M. The stock is near its 52-week high of $10.54.

RUM Group Inc. (RUM) shares rose 10% after announcing a $13.7 billion GPU services deal with a U.S. cloud customer. The six-year agreement includes three tranches, with the third contingent on customer approval. The company also issued a warrant for up to 50.8 million shares at $0.01 each, vesting in tranches tied to customer purchases.

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