GPUs News

NBIS shares fell sharply as Nebius returned to debt markets to finance GPUs, data centers and its rapidly expanding AI cloud business.

Wall Street fears Nvidia (NVDA) is quietly turning into a bank for the AI boom. Bank of America (BofA) says that fear is exactly why Nvidia stock trades at up to a 50% discount, and it kept its $350 target. Analyst Vivek Arya made the call as Nvidia...

Mad Money host Jim Cramer said the AI data center trade is reclaiming market leadership. He named six stocks leading the rally, and every one of them closed higher on Wednesday. The group had trailed financials, healthcare, and retail for weeks....

SpaceX (SPCX) stock closed down about 14% on Wednesday, while Nvidia (NVDA) rose and Advanced Micro Devices (AMD) fell. All three moves traced back to one word Elon Musk used on SpaceX’s first earnings call. That word was “exclusively.” Musk said...

SpaceX now expects to reach $1 trillion in annual revenue by 2030, a year sooner than its pre-IPO forecast, CEO Elon Musk said on the company’s first earnings call as a public company. SpaceX shares fell in after-hours trading Tuesday, then extended...

BitcoinWorld Hyperscale Data Sells 150.5 BTC, Trims Bitcoin Treasury as It Pivots to AI Data Centers Hyperscale Data (NYSE American: GPUS), a U.S.-listed bitcoin treasury company, has sold an additional 150.5 BTC during the past week, reducing its...

SpaceX has picked Nvidia to design the compute payload inside its Starmind AI1 satellites. Both stocks rose Tuesday. The news landed hours before SpaceX reported its first quarterly results as a public company. Starmind is SpaceX’s plan to put data...

HIVE Digital reports that GPUs for AI compute earn 10x more per hour than Bitcoin mining ASICs, prompting a revenue shift to over 50% from AI this year.

Bitcoin miner IREN Limited (NASDAQ: IREN), another company that has pivoted to AI infrastructure, jumped 30% on July 30, clawing back losses from a broader sell-off in AI infrastructure stocks. Co-CEO Daniel Roberts told investors that customer...

BitcoinWorld Hyperscale Data Adds 77 Bitcoin to Corporate Treasury, Holdings Reach 1,106 BTC Nasdaq-listed company Hyperscale Data (GPUS), a firm focused on digital infrastructure and Bitcoin treasury management, announced it acquired an additional...