Mawson shares rise on 136% revenue growth, AI and HPC expansion, Canaan deal

Mawson shares rise on 136% revenue growth, AI and HPC expansion, Canaan deal

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Mawson Infrastructure Group Inc. (MIGI) shares are trading higher after the company reported significant revenue and gross profit growth, highlighted by a 136% year-over-year revenue increase in its digital colocation business and its expansion into AI and HPC markets. Additionally, the company executed a major new customer agreement with Canaan Inc., further enhancing its digital infrastructure capabilities.