Nasdaq

nasdaqA Real Estate Company Now Wants to Build an AI Data Centre in Europe

The board said yes to the new subsidiary. It said nothing about the data centre itself. There is no site, no financing, and no signed deal with anyone.

A Real Estate Company Now Wants to Build an AI Data Centre in Europe
Illustration: technology sector, not the company's own operations. Wafer 8K — 2x910, CC BY-SA 4.0, via Wikimedia Commons.

Linkhome Holdings manages real estate. On Tuesday it said it is looking at building AI data centres in Europe.

According to a press release attached to an 8-K filed with the SEC on September 2, the company has formed a new wholly owned subsidiary, Linkhome Technologies Inc., and begun a preliminary evaluation of a potential GPU computing project somewhere on the continent. The board approved the subsidiary. It did not approve the project itself. No location has been chosen, no financing is in place, and the company has not entered any binding agreements — not with equipment suppliers, data centre operators, or customers.

Linkhome Holdings Inc. NASDAQ: LHAI

Shares closed 34.02% higher at $1.1000, on dollar volume of about $105 million across 281,106 trades. About 55% of reported volume on the session was short volume, against a free float of about 8 million shares.

The proposed project, if it goes ahead, could involve up to 144 NVIDIA GB300 GPUs, the company says. Those would serve cloud providers, enterprise AI clients and high-performance computing customers. The company says it has obtained non-binding indicative equipment quotes and started preliminary talks with potential European operators and customers. No counterparty has committed.

Linkhome Technologies has not started operations and has no revenue. The company's longer-term stated aim is a decentralised global platform connecting distributed GPU capacity with enterprise demand across multiple markets. Between that aim and anything operational stands a list of unresolved conditions: site selection, equipment procurement, project financing, customer agreements, power and cooling arrangements, regulatory approvals, and a final board decision on whether to proceed at all.

Before any GPU goes into a rack in Europe, the company still needs to pick a country, find a building, raise the money, sign a deal with a customer — and get its own board to say yes.

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Written by the PennyStocks.News desk from company filings and releases. Figures as reported by the company; no guarantee of accuracy or completeness. Nothing here is investment advice.