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Enphase Energy rises 5% as Texas factory starts producing AI data-center power modules.

Market News
08 Sep 2026
24/7 Wall Street
View Source
Bullish
Enphase Energy rises 5% as Texas factory starts producing AI data-center power modules.

Enphase Energy's new Texas factory has begun producing power modules for its IQ Solid-State Transformer, targeting AI data-center power needs. This milestone supports full-scale rack assembly and validation for potential customers, boosting Enphase shares by 5%. SolarEdge Technologies also rose 6% despite no new announcements, benefiting from its own similar SST platform aimed at AI data centers. Both companies plan customer pilots in 2027 and commercial shipments in 2028, marking a significant step toward entering the AI data-center power market.

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