The Next SanDisk: 9 Potential Breakout AI Stocks You Shouldn’t Miss

7. Digi Power X Inc (NASDAQ:DGXX)

Number of Hedge Fund Investors: 11

Digi Power X Inc (NASDAQ:DGXX) is an energy infrastructure and AI data center company. It makes modular Tier III data centers through its ARMS platform and provides enterprise-grade GPU compute services through its NeoCloudz portal. Its customers are AI infrastructure companies like SubQ AI and Cerebras Systems.

A Tier III data center is enterprise-grade infrastructure with redundant power systems, cooling, and multiple independent distribution paths. It supports 99.99% uptime, which is what AI companies need for continuous computing operations.

Digi Power X Inc’s (NASDAQ:DGXX) strategy centers on pairing secured, grid-connected power capacity with modular, AI-optimized data center infrastructure. In April 2026, DGXX announced its first AI revenue contract with SubQ AI worth approximately $19.6 million. In May, the company signed a 40 megawatt AI colocation agreement with Cerebras Systems valued at $1.1 billion for the initial 10-year term, with potential to reach $2.5 billion total.

However, Q1 2026 revenue showed declines to $6.8 million from $9.3 million a year prior amid the planned wind-down of legacy cryptocurrency mining operations. The positive side is that adjusted EBITDA turned positive at $1.1 million versus negative $1.3 million in Q1 2025.

Management outlined aggressive revenue run-rate targets: $300 million annually for 2027, $450-500 million for 2028, and $800 million to $1 billion for 2029. These targets depend on executing debt-financing plans.