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Gorilla Technology jumps 4% on $2B AI infrastructure deal with Super Micro in India

Technical Signals
02 Jun 2026
Lekha Gupta
View Source
Bullish
pluang ai news

Gorilla Technology Group announced a $2 billion AI infrastructure agreement with Super Micro Computer to support Yotta Data Services’ AI project in India. The deal includes supply of AI hardware and networking equipment, and a strategic framework for further AI infrastructure expansion in Asia-Pacific. The stock rose nearly 4% on the news, reflecting strong momentum and investor optimism about the company's growth prospects in the AI sector. Key technical indicators show the stock is overbought but still in a bullish trend, with resistance near $22.50 and support around $18.00.

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