Shares of Blaize Holdings, Inc. (BZAI) are climbing about 29 percent during Friday morning trading after it announced a new partnership with NeoTensr to jointly develop and deploy co-branded AI edge data center infrastructure targeting the rapidly growing compute market across the broader Asia Pacific region.
The company's shares are currently trading at $2.24 on the Nasdaq, up 29.49 percent. The stock opened at $2.02 and has climbed as high as $2.19 so far in today's session. Over the past year, it has traded in a range of $1.000 to $6.760.
The upto $50 million contract marks a significant escalation of the two companies' partnership.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.