New Era Energy & Digital stock surges over 60% amid neocloud momentum

New Era Energy & Digital (NASDAQ: NUAI) has climbed more than 60% since late May 2026, powered by a transformation story that reads like a corporate identity crisis resolved in the best possible way. The micro-cap company, which spent its earlier years in the natural gas and helium business, is now betting its entire future on building AI-optimized data center campuses in Texas. The latest catalyst: a 30% intraday spike on September 21, triggered by a 20-year power purchase agreement signed with Luminant ET Services Company, an affiliate of energy giant Vistra Corp. In a market where securing reliable power is the single biggest bottleneck for AI infrastructure, locking down two decades of electricity is the kind of move that gets investors very interested very quickly. The deal that lit the fuse The agreement, finalized on September 18, secures a power supply of 200 to 207 megawatts from Vistra’s natural gas plant in Odessa, Texas. Power deliveries are expected to begin in the third quarter of 2027, giving New Era a concrete timeline for energizing the first phase of its flagship project. That flagship project is the Texas Critical Data Center, or TCDC, a sprawling development...