Sharon AI $SHAZ: Capacity Target Hits 100MW After Two Upgrades in 2026 as AI Cloud Demand Outstrips Supply $SHAZ just reported Q1 2026 results, highlighting the year's twice upgraded 2026 data center capacity target — from an initial 55MW, to 70MW, and now to 100MW. This consistent upward revision is a direct signal that customer demand is running ahead of the company's ability to deploy infrastructure. The 100MW target is backed by a previously announced US$350M convertible note, giving the company capital to continue scaling its customer base through 2026 and beyond. Combined with the pro-forma cash position of approximately $225M following its February 2026 IPO, Sharon AI enters the growth phase of its buildout with a well-funded balance sheet. Why Investors Should Be Watching: • Capacity upgrades as a demand signal: Two upward revisions in a single year suggest the pipeline of signed or committed enterprise contracts is growing faster than initial projections. • Supply-constrained market: Management explicitly flagged that demand materially outweighs available supply — a setup that supports contract pricing and utilization rates as new capacity comes online. • US$350M convertible note: A significant capital event that funds the 100MW buildout without relying solely on equity issuance. • Acceleration into Q2: CEO James Manning noted that business momentum has accelerated beyond Q1, pointing to continued commercial execution in the near term. • Multi-sector demand base: Enterprise, hyperscale, research, government, and AI-native customers are all active — a diversified demand base that reduces concentration risk. Sharon AI is executing against a customer-led deployment model where contracts precede infrastructure. If demand continues to outpace supply, the 100MW target may not be the last revision investors see this year. Read the full Q1 2026 report: $SHAZ $NVDA $NBIS $APLD $ORCL $CORZ $GPUS $MSFT $AMZN