Sharon AI (SHAZ): 10 Best New Tech Stocks to Buy According to Analysts

Maham Fatima

Sat, July 4, 2026 at 6:23 AM PDT 2 min read

SharonAI Holdings Inc. (NASDAQ:SHAZ) is one of the best new tech stocks to buy according to analysts. On June 29, Sharon AI announced the closing of an oversubscribed $1.6 billion private placement financing. The transaction included ~$900 million in Class A Ordinary Common Stock and pre-funded warrants, alongside $700 million in 4.75% Convertible Senior Notes. The financing was anchored by major institutional investors, including Situational Awareness L.P. and funds managed by Oaktree Capital Management L.P.

The company plans to use the capital to execute its six-year strategic compute collaboration with NVIDIA (NASDAQ:NVDA). A primary objective is the construction of one of Australia's largest AI factories, which will feature the deployment of up to 40,000 Grace Blackwell GB300 GPUs. This infrastructure investment serves as a cornerstone for the company's broader expansion strategy in the Neocloud sector.

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Goldman Sachs & Co. LLC served as the lead placement agent for the transaction, with additional support from Lucid Capital Markets. Macquarie Capital was the financial advisor. The company expects to provide further details regarding the financing in an upcoming filing with the US Securities and Exchange Commission.

SharonAI Holdings Inc. (NASDAQ:SHAZ) is a leading Australian Neocloud and HPC company specializing in AI infrastructure and cloud GPU environments. The firm provides cutting-edge GPU solutions for training and inference to accelerate the development of AI factories and sovereign AI solutions.

While we acknowledge the potential of SHAZ as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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