Trending Tickers: $GRRR’s $1.8B Deal, $GEV-AWS Collaboration, and $ALGM Rejects $6.9B Buyout
This week, several stocks caught investors’ attention, driven by significant developments and market momentum. Here’s the breakdown of this week’s trending stocks:
Gorilla Technology ($GRRR) Lands $1.8B Smart Grid Deal
Gorilla Technology Group ($GRRR), a company specializing in AI-driven security, network intelligence, and IoT solutions, has announced a landmark $1.8 billion agreement to modernize Thailand’s energy infrastructure. The 15-year initiative aims to digitize and secure the country’s power grid, integrating AI and automation to optimize energy efficiency at a national scale.
Key Details of the Agreement:
- AI-Powered Smart Grid Management: According to Gorilla, its AI-driven analytics will optimize energy flow, reduce inefficiencies, and improve response times, making Thailand’s power grid more resilient.
- Enterprise-Grade Cybersecurity: The company states that its AI-based security protocols will protect Thailand’s increasingly digitized power grid, providing real-time threat monitoring, encrypted communications, and proactive anomaly detection.
- Innovative Financial Model: Unlike traditional infrastructure deals, Gorilla claims this agreement is structured around long-term, performance-based revenue generation. Instead of large upfront costs, funding will be tied to measurable efficiency improvements over 15 years.
Revenue Growth Outlook
- Initial groundwork begins in 2025, with major revenue impact expected from 2026-2027 as AI-driven infrastructure reaches full capacity.
- Sustained revenue over 15 years, ensuring ongoing monetization from energy optimization rather than one-time payments.
Stock Price Movement
$GRRR price surged from $30.20 to $38 during the trading day following the announcement, before closing at $32.23, marking a 6.4% gain for the day.
GE Vernova ($GEV) Expands AI-Powered Energy Deal with AWS
GE Vernova ($GEV), a global energy company specializing in power generation, wind energy, and electrification, has signed a strategic framework agreement with Amazon Web Services ($AMZN) to support AWS’s expanding AI-driven data center infrastructure. According to the company, the collaboration aims to improve grid security, energy efficiency, and decarbonization across North America, Europe, and Asia.
With AI data centers driving record energy demand, this agreement highlights the growing need for scalable, energy-efficient solutions to support cloud computing and generative AI workloads.
Key Details of the Agreement:
- Electrification for Data Centers – GE Vernova will provide turnkey substation solutions to power AWS’s growing data centers, optimizing grid connectivity.
- Renewable Energy Collaboration – The companies will work together to advance onshore wind projects and AWS’s goal of reaching net-zero carbon emissions by 2040.
- AI & Cloud Innovation – AWS will support GE Vernova’s cloud migration, leveraging high-performance computing (HPC) and generative AI to enhance energy infrastructure.
The AI-Powered Energy Trend
- AI-driven cloud expansion has dramatically increased energy demand from data centers, making grid reliability and decarbonization key priorities.
- This agreement positions GE Vernova as a key energy partner in the AI-cloud boom, a trend expected to grow as generative AI and machine learning scale globally.
- According to Pablo Koziner, GE Vernova’s Chief Commercial Officer, “We believe our energy solutions can help AWS obtain reliable, cost-effective, and more sustainable electricity.”
Stock Price Movement
The stock price did not experience any significant movement following this announcement.
Allegro ($ALGM) Rejects Onsemi’s ($ON) $6.9B Buyout Offer
Onsemi ($ON), a semiconductor company specializing in intelligent power and sensing technologies, has publicly disclosed its $6.9 billion proposal to acquire Allegro MicroSystems ($ALGM), a provider of magnetic sensing and power IC solutions for automotive and industrial markets. The $35.10 per share all-cash offer represented a 57% premium to Allegro’s closing price before reports of the bid surfaced. According to Onsemi, the acquisition would create a stronger player in power and sensing solutions for automotive, industrial, and AI data center applications, but Allegro’s board rejected the offer as inadequate.
Deal Details & Allegro’s Response
- Onsemi’s Offer – According to Onsemi, the deal would combine two complementary businesses to enhance innovation in power management and magnetic sensing. The company first approached Allegro in September 2024 with a $34.50 per share offer, later raising it to $35.10.
- Allegro’s Board Rejects the Offer – Allegro confirmed receiving the proposal but rejected it as inadequate after reviewing it with financial and legal advisors. The company stated that it does not intend to comment further unless necessary.
- Financing & Next Steps – Onsemi stated that it has committed financing and does not anticipate any funding issues, signaling a willingness to negotiate.
Stock Price Movement
Following the announcement, Onsemi shares fell 5.6% while Allegro stock jumped 5.7%.
This article is for informational purposes only and is not investment advice or a solicitation to buy or sell securities. The content is based on publicly available information and reflects the author’s opinions as of the publication date, which may change without notice. All investments carry inherent risks, including the potential loss of principal, and past performance is not indicative of future results. Readers should conduct their own research or consult a financial advisor before making investment decisions. BBAE holds no position in the securities mentioned, nor are they compensated by the companies mentioned.
