Reported by Seeking Alpha · seekingalpha.com · August 20, 2026
Singularity Future Technology (SGLY) entered into a non-binding strategic development framework agreement with Florence Development LLC for a potential 900-acre AI data center campus in Florence, South Carolina.
What to watch: Monitor chip inventory cycles — overhang periods precede sharp upside moves in semis.
Market reaction today: $SGLY -1.56%
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