Agencia Comercial Spirits Ltd. (NASDAQ:AGCC) stock rose Friday as the company explores new opportunities in AI computing infrastructure.
This positive movement comes amid a mixed performance in the broader market, with major indices showing slight declines.
AGCC’s Leap Into AI Infrastructure
Agencia has signed two nonbinding letters of intent (LOIs) as it considers diversifying beyond its core Taiwan-based whisky import and distribution business.
The first LOI, signed January 15, 2026, outlines a proposal to lease approximately 300 Nvidia Corp.’s (NASDAQ:NVDA) B300 (Blackwell) AI servers from Ricloud AI Inc., representing an estimated $120 million contract value, subject to final configuration and hardware availability.
The LOI requires a $3.5 million deposit within five business days, refundable if no definitive agreement is reached and there is no material breach. Although Ricloud is listed in Nvidia’s partner directory, AGCC noted that Nvidia has not confirmed supply or delivery capacity, and directory inclusion does not constitute an endorsement.
The second LOI concerns a proposed 50,000-square-meter data center site in Indonesia, potentially through a new affiliate. Booking payments total $180,000 plus 3 billion Indonesian Rupiah and 11% VAT, and are described as nonrefundable if cancelled.
Both LOIs are preliminary and subject to due diligence, financing, regulatory approvals, and definitive agreements.
Technical Analysis
The stock is currently trading 18.9% above its 20-day simple moving average (SMA) and 16.7% above its 50-day SMA, indicating strong short-term momentum. Over the past 12 months, shares have increased by 91.90%, and they are currently closer to their 52-week highs than their lows.
The RSI is at 60.72, which is considered neutral territory, while the MACD is above its signal line, indicating bullish momentum. The combination of a neutral RSI and bullish MACD suggests mixed momentum, indicating potential for further gains if the stock maintains its current trajectory.
- Key Resistance: $14.50
- Key Support: $10.00
The recent exploration into AI computing infrastructure and data centers represents a significant shift in strategy, potentially opening new revenue streams and diversifying its business model. This move could enhance the company’s market position and provide growth opportunities beyond its traditional whisky operations.
Benzinga Edge Rankings
Below is the Benzinga Edge scorecard for Agencia Comercial Spirits, highlighting its strengths and weaknesses compared to the broader market:
- Value Rank: 1.28 — The stock is performing poorly relative to its peers.
The Verdict: Agencia Comercial Spirits’ Benzinga Edge signal reveals a classic ‘High-Flyer’ setup. While the Value score indicates significant overvaluation, the company’s strategic pivot into AI infrastructure could offer new growth avenues.
AGCC Price Action: Agencia Comercial Spirits shares were up 9.39% at $12.70 at the time of publication on Friday, according to Benzinga Pro data.
Image via Shutterstock
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