On September 17, Hut 8 Mining Corp rose 5.15% in pre-market trading to $94.44/share, with turnover of $1.5112 million, extending the prior session's sector-wide rebound momentum.
On the news front, CoreWeave announced the successful deployment of multi-rack NVIDIA Vera Rubin NVL72 clusters on its cloud platform, with each rack featuring 72 Rubin GPUs and 36 Vera CPUs connected via Spectrum-X Ethernet for large-scale AI training and inference. CoreWeave also signed a 15-year anchor lease agreement with Blockfusion for a low-carbon hydroelectric data center in Niagara Falls, New York, being converted into high-density liquid-cooled AI infrastructure. These developments further boosted cloud computing sector confidence. NEBIUS and CoreWeave are set to be included in the Nasdaq 100 Index, with multiple institutions raising mid-term growth forecasts for the global cloud computing market.
Hut 8 Mining Corp had previously accumulated fundamental support from NVIDIA signing long-term leases worth up to $50 billion and Anthropic's $35 billion cloud computing agreement with Lambda. After a pullback triggered by three major AI giants calling for slower model development, sector sentiment recovery continues to drive the stock's rebound.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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