TLDRGPUS stock jumps 34.05% to $0.1689 as Michigan AI data center launch approaches.Hyperscale Data targets December 2026 to begin revenue-generating AI operations.Company reaffirms its 2027 revenue forecast of $300 million to $350 million.Hyperscale Data maintains its 2027 adjusted EBITDA forecast at $60M to $80M.Preliminary Q3 revenue rises 64% to $40 million, driven by stronger operations.Hyperscale Data, Inc. (GPUS) stock surged 34.05% to $0.1689, gaining $0.0429 as strong buying lifted shares before a late pullback. The rally followed the company’s reaffirmation of its 2027 revenue and earnings targets. Meanwhile, Hyperscale Data plans to launch revenue-generating AI operations at its Michigan campus in December 2026.Hyperscale Data, Inc., GPUSHyperscale Data Reaffirms $350 Million Revenue Target for 2027Hyperscale Data maintained its preliminary 2027 revenue forecast between $300 million and $350 million. The company also expects adjusted earnings before interest, taxes, depreciation, and amortization between $60 million and $80 million. These projections reflect anticipated growth across its operating businesses and planned infrastructure expansion.The company operates across three main business platforms, including data centers, financial services, and portfolio investments. Its Ault Capital Group subsidiary manages lending, digital assets, and several portfolio businesses. Hyperscale Data continues expanding its AI infrastructure operations to support future revenue growth.Management based its financial targets on expected customer deployments, financing arrangements, and business performance. However, the projections depend on successful development and execution across several operating divisions. The company also expects its digital asset activities to contribute to its broader financial performance.Michigan AI Data Center Targets December 2026 OperationsHyperscale Data expects to energize its first AI computing capacity at its Michigan campus in December 2026. The company plans to begin generating revenue alongside the initial deployment of computing infrastructure. This milestone will mark an important expansion of its AI data center business.The Michigan project forms part of the company’s broader strategy to develop additional computing capacity. Moreover, management expects future expansion as customer deployments advance and infrastructure development progresses. The company aims to secure the necessary resources and complete planned development milestones.Chief Executive Officer William Horne reported progress across the company’s businesses ahead of the planned Michigan launch. Management continues prioritizing contracted computing capacity and the financing needed to support infrastructure development. Additionally, the company expects its expanding operations to strengthen its position in the AI infrastructure market.Hyperscale Data Reports 64% Preliminary Quarterly Revenue GrowthHyperscale Data previously reported preliminary third-quarter 2026 revenue of approximately $40 million. This represented a 64% increase from the $24.3 million recorded during the same quarter in 2025. Stronger crane operations, defense activities, lending, and trading supported the increase.The company also benefited from software revenue associated with blockchain network operations. Additionally, the reconsolidation of Gresham Worldwide contributed to higher defense revenue during the quarter. However, declining Bitcoin mining revenue partly offset growth across the other business segments.Hyperscale Data has not completed its independent audit or review of the preliminary quarterly figures. Therefore, final results may differ as the company completes its financial closing procedures. Meanwhile, management continues pursuing AI infrastructure expansion, tokenization opportunities, and digital asset operations to support its 2027 financial targets. The post Hyperscale Data, Inc. (GPUS) Stock: Soars 34% as Michigan AI Data Center Nears December Launch appeared first on Blockonomi.