Penny stock DGXX is soaring, and it has AI firm Cerebras to thank

Digi Power X (NASDAQ: DGXX) soared nearly 40% on Tuesday morning after announcing a 10-year, $1.1 billion colocation agreement with an AI hardware developer, Cerebras Systems. Once a micro-cap player in energy infrastructure, DGXX seems to be making an aggressive pivot to seize the rising demand for high-density artificial intelligence data center capacity in 2026.