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The Nexus
BUSINESSMay 6 · 13:40 UTCTHE BLOCKRT Watson

Hut 8 shares soar over 30% after scoring $9.8 billion AI data center deal set to NVIDIA specs

Hut 8's shares have increased by over 30% after securing a $9.8 billion deal for an AI data center that meets NVIDIA specifications. The deal is part of the first phase of commercializing Hut 8's Beacon Point data center campus in Nueces County, Texas. This project marks a significant milestone for Hut 8.

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