Hut 8 fully commercialized its 1GW Beacon Point AI campus with a second $9.8B lease. IREN raised its AI cloud revenue target above $4B after securing $2.8B in contracts. Bitcoin miners continue shifting toward AI […]
TLDRs; Nebius stock dropped 19% despite securing a $775 million GPU-backed financing facility, reflecting investor concerns over long-term funding needs. The new loan funds only a small portion of Nebius’ planned $20 billion-$25 billion AI […]
Galaxy secures a 15-year Texas Tech deal spanning AI and digital assets. Partnership includes Galaxy Stadium naming and student NIL opportunities. Helios campus strengthens AI research and West Texas workforce development. Galaxy has signed a […]
Empery Digital sold 1,400 BTC at an average price of $62,200, raising $87.1M. The company will use proceeds for debt repayment, property deals, and legal expenses. Empery Digital is shifting focus toward AI data centers […]
A year ago, the AI trade meant one thing: whoever could get their hands on top-tier GPUs won. Now, Dell’s sales teams are walking into boardrooms with a different pitch. Not just chips. Racks, networking, […]
Mid-June trading looked like a riddle. The S&P 500 was green, but a chunk of mega-cap tech sat red. Meanwhile, lesser-known chip suppliers and builders of the AI plumbing ripped higher. Same theme, totally different […]
The number that stung wasn’t revenue. It was margin. Cerebras posted strong top-line growth in its first report as a public company — and yet the stock sold off the moment guidance landed. Investors instantly […]
Before the opening bell on a mid-June Monday, bond desks watched an order book swell past $80 billion for a single tech issuer. By the close, that company — Nvidia — had upsized its return […]
On June 5, the SOX fell more than 10% in a single session, a rare air‑pocket that took chips from leadership to liquidation—and then, almost as quickly, set up a reflex bid. It wasn’t just […]
TLDRs; IREN shares surged nearly 9% as Bitcoin recovered and lifted crypto-linked mining stocks broadly. Investor optimism increased after IREN expanded its AI cloud strategy and large-scale infrastructure plans. A $3.65B GPU financing package strengthened […]
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