StocksMedium16 September 2026
1 min read

Generac Shares Surge Following Data Center Supply Deal with Amazon

Key Facts

1Amazon was granted warrants to buy up to $340 million worth of Generac stock as part of a supply agreement.
2Generac shares soared over 40% following the deal to supply backup power generators for Amazon's data centers.

In a move reflecting the surging demand for data center infrastructure, Generac shares soared by over 40% following the announcement of a strategic agreement with Amazon. Under the deal, Generac will supply backup power generators for the tech giant's data centers, enhancing energy reliability for its cloud computing facilities. According to reports, the agreement includes granting Amazon warrants to purchase a stake in Generac valued at up to $340 million.

This partnership comes as major technology firms race to secure continuous power supplies, positioning Generac as a key infrastructure partner. Per market data, Amazon (AMZN) closed at $247.635 on September 16, 2026, while Generac (GNRC) recorded a closing price of $175.03 on September 15, 2026. These movements highlight investor confidence in Generac's ability to capitalize on Amazon's aggressive data center expansion.

Traders should watch GNRC price levels following the recent surge, as the stock reached a day high of $180 against a low of $173.84 as of the September 15, 2026 close. While the upcoming economic calendar shows no direct catalysts for either company in the next seven days, the market will remain focused on further details regarding the supply timeline and its long-term impact on Generac's revenue growth.