The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.

Agencia Comercial Spirits Ltd (NASDAQ:AGCC) is one of the 10 Fastest Growing Asian Stocks to Buy Now.

On June 11, 2026, Agencia Comercial Spirits Ltd (NASDAQ:AGCC) announced that its Indonesian subsidiary, PT. AGCC AITECH INDONESIA entered into additional electricity supply agreements with PT PLN, Indonesia's state-owned electricity company. The agreements relate to the company's planned AI computing infrastructure project in Indonesia and, together with previous arrangements, establish a dual-feed power supply configuration for the planned data center, with each feed rated at 55,400 kVA.

The electricity supply arrangements are intended to support staged development of the project, including an approximately 40MW IT load requirement, subject to implementation, installation readiness, certifications, PLN requirements, construction progress, equipment procurement, financing, and other conditions. AGCC Indonesia agreed to pay an aggregate connection fee of about IDR 69.9 billion, along with customer guarantee deposits, ongoing electricity charges, and other customary charges. The company said the agreements are power procurement arrangements, not customer revenue contracts, and do not guarantee project completion, utilization, customer adoption, revenue, profitability, or positive cash flow.

Agencia Comercial Spirits Ltd (NASDAQ:AGCC) procures, distributes, and sells whiskies in Taiwan and internationally.

While we acknowledge the potential of AGCC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.

Disclosure: None. Follow Insider Monkey on Google News.