iPower Announces Plan to Evaluate Expansion Into AI Infrastructure Hardware
GlobeNewsWire
Published: Jul 15, 2026, 10:15 PM GMT+9
Sentiment Analysis
iPower Inc. ("iPower" or the "Company") today announced that it plans to evaluate a potential expansion into the AI infrastructure hardware sector, including the possible acquisition or financing of AI compute hardware and related infrastructure assets. As part of this planned evaluation, the Company intends to explore opportunities involving high-performance computing equipment, data center operators and infrastructure partners that may support the deployment, hosting and operation of AI-related hardware. If implemented, the Company's strategy may include leasing equipment to data centers, compute operators, enterprise customers or other infrastructure participants.
"We believe AI infrastructure hardware may represent an attractive opportunity as demand for AI compute capacity continues to grow," said Lawrence Tan, Chief Executive Officer of iPower. "At this stage, we are evaluating potential opportunities in a disciplined manner, including hardware acquisition, data center collaboration and equipment leasing models that may align with iPower's long-term strategy."
Mr. Tan added, "This planned initiative remains at an exploratory stage, and any future investment or commercial arrangement will depend on market conditions, equipment availability, financing, due diligence, partner discussions and the execution of definitive agreements. We intend to provide updates if and when material developments occur."
Source: GlobeNewsWire
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