Solaris Energy Infrastructure Inc. (NYSE:SEI) saw a significant surge in its stock price on Friday, reaching a new all-time high. The increase was attributed to a new partnership with Hatchbo LLC for the supply of power generation equipment for AI computing needs. The stock hit $61.36 at its peak before closing at $56.63, up by 10.03 percent.

Solaris Power Solutions, a subsidiary of Solaris Energy Infrastructure Inc. (NYSE:SEI), signed a 10-year rental agreement with Hatchbo for the supply of 500 MW of power generation equipment for data centers. The contract includes an option for a five-year extension, starting on January 1, 2027. The company is set to announce its earnings results for the full-year and fourth quarter of 2025 on February 25.

Solaris Energy Infrastructure Inc. (NYSE:SEI) is aiming for a total adjusted EBITDA of $65 million to $70 million for the fourth quarter, an increase from the previous guidance of $58 million to $63 million. While SEI shows promise as an investment, there are other AI stocks with potentially higher returns and lower risk. Check out the free report on the best short-term AI stock for more information.

Read more at Yahoo Finance: Solaris Energy (SEI) Climbs to All-Time High on Newly Bagged Deal