ASX:MP1IT
Megaport (ASX:MP1) Following Its AI Fundraise Is The Growth Story Already Priced In
Megaport (ASX:MP1) has just completed an A$827.5m follow on equity raise, including a rights offering. The company plans to use the funds to support its entry into artificial intelligence infrastructure through a distributed GPU pool for enterprise inference workloads.
See our latest analysis for Megaport.
Megaport's follow on equity raise and AI infrastructure plans come against a backdrop of strong recent share price momentum, with the 1 day share price return of 5.56% and 90 day share...

