Following the announcement, the stock jumped nearly 4%. The deal includes the supply of 20,736 B300 cards, 5,120 B200 cards, networking equipment and related infrastructure.
The companies also signed a strategic framework to pursue additional multi-billion-dollar AI infrastructure opportunities across India and the Asia-Pacific region, targeting hyperscale AI data centers, sovereign AI programs and enterprise AI deployments.
Gorilla Technology stock is trading higher on Tuesday as risk appetite stays constructive and traders continue to reward high-momentum names that are extended above key moving averages. The Nasdaq is up 0.27% while the S&P 500 has gained 0.11%.
GRRR is moving with broader market trends, but it’s also outperforming the major indices as small caps (Russell 2000 up 0.60%) and Technology (XLK up 0.67%) trade higher. Utilities (XLU up 1.83%) and Energy (XLE up 1.37%) are leading, which points to a “risk-on, but diversified” session rather than a narrow rally.
From a trend standpoint, the stock is stretched well above its moving averages—about 42% above the 20-day SMA ($15.25) and roughly 50.6% above the 200-day SMA ($14.38)—which is usually what you see in strong upside phases, but it can also invite sharper pullbacks.
The 20-day SMA is above the 50-day SMA (bullish near-term structure), even though the longer-term backdrop still reflects the death cross from September 2025 (50-day below the 200-day), a reminder that the bigger-picture trend only recently turned aggressive again.
Momentum is the key story: RSI is 81.85, which is firmly overbought and signals the move is getting “stretched,” meaning buyers have been unusually persistent versus recent history. RSI first pushed into overbought territory in May, so the current setup is consistent with a sustained momentum run rather than a one-day pop.
GRRR Stock Price Activity: Gorilla Technology shares were up 3.76% at $21.93 at the time of publication on Tuesday, according to Benzinga Pro data.
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On Tuesday, Gorilla Technology Group Inc. (NASDAQ:GRRR) announced a roughly $2 billion AI infrastructure agreement with Super Micro Computer Inc. (NASDAQ:SMCI) to support Yotta Data Services’ AI infrastructure project in India.
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