# Data Center Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Data Center", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Qualcomm: AI Hype Subsides, When Will Smartphones Emerge from the Gloom?

Qualcomm reported its Q3 FY2026 results (ending June 2026), with revenue of $9.95B, down 4% YoY but above expectations. Gross margin declined to 53.1%, pressured by rising costs across manufacturing and memory. Key business segments showed mixed performance: Handset revenue fell 19.6% YoY to $5.09B, dragged by an 11% decline in non-Apple Android shipments and weaker high-end mix. Conversely, Automotive revenue surged 61% to $1.59B, and IoT grew 9% to $1.83B. Core operating profit dropped 41% YoY due to margin compression and higher expenses. Management's Q4 FY2026 guidance projects revenue of $9.7B-$10.5B, in line with consensus, but Non-GAAP EPS guidance of $2.05-$2.25 fell short of expectations. Amidst persistent weakness in its core handset market, Qualcomm is pursuing growth in AI, focusing on Edge AI (smartphones, PCs, automotive) and Data Center AI. Its data center strategy includes four pillars: AI accelerators (e.g., AI200), commercial CPUs (Dragonfly C1000), custom silicon, and connectivity solutions. While these initiatives initially boosted its stock, concerns over AI capital expenditure sustainability have since erased those gains. The company targets $5B in data center revenue for FY2027 and $15B for FY2029. The report concludes that with the traditional handset business still under pressure, the data center opportunity is currently viewed as a longer-term option, and a more conservative valuation based on core operations may be warranted until AI contributions materialize.

marsbit08/03 00:13

Qualcomm: AI Hype Subsides, When Will Smartphones Emerge from the Gloom?

marsbit08/03 00:13

Amid a 38GW Power Shortage, Why Have Bitcoin Mining Facilities Suddenly Become the New Gateway to AI Compute?

Under the impending threat of a 38GW power deficit projected for US data centers between 2026-2028, decommissioned Bitcoin mining sites are emerging as critical infrastructure for AI compute. A growing number of listed North American miners—including TeraWulf, Hut 8, and Cipher Mining—are pivoting to become "Powered Shell Providers." They are repurposing their existing assets: pre-approved grid connections, land, and substations to offer ready-to-use data center shells to cloud providers and AI companies. This shift capitalizes on the severe bottleneck in securing new, large-scale power access, which can take 5-7 years. Analysts at Morgan Stanley estimate retrofitted mining facilities could supply 10-19GW of the needed capacity. The core value proposition is no longer cryptocurrency mining, but selling a scarce "time to power" advantage in the race for AI infrastructure.

华尔街日报08/02 08:51

Amid a 38GW Power Shortage, Why Have Bitcoin Mining Facilities Suddenly Become the New Gateway to AI Compute?

华尔街日报08/02 08:51

HIVE Executive: AI GPUs Generate 10x More Revenue Per Hour than Mining Farms

HIVE Digital Technologies reported a significant shift in its business strategy, with AI computing now generating vastly more revenue per GPU-hour than its Bitcoin mining operations. CEO Frank Holmes stated that a cluster of 504 Nvidia B200 GPUs deployed in AI infrastructure earns about $2.90 per GPU-hour, compared to roughly $0.12 per hour from Bitcoin mining rigs. The company’s fiscal 2026 total revenue grew 158% year-over-year to $297.8 million, with its new AI and high-performance computing (HPC) division, BUZZ HPC, contributing $19.5 million. HIVE’s strategy involves directing most new infrastructure investment towards higher-margin AI services while maintaining its significant Bitcoin mining operations, which produced 2,885 BTC in FY2026. Its most ambitious project is a 320-megawatt AI data center near Toronto, slated to begin operations in late 2027 and projected to generate approximately $360 million in annual recurring revenue. HIVE’s pivot reflects a broader industry trend as public mining companies face pressure from declining Bitcoin mining margins and increasingly allocate resources to lucrative AI and cloud computing contracts.

cryptonews.ru08/01 09:59

HIVE Executive: AI GPUs Generate 10x More Revenue Per Hour than Mining Farms

cryptonews.ru08/01 09:59

Head of Major Miner Estimates AI Profitability Ten Times Higher Than Mining

The CEO of Canadian mining company HIVE Digital Technologies, Frank Holmes, stated that the company is accelerating its development in artificial intelligence (AI) computing. HIVE, one of the world's largest public bitcoin miners controlling about 2% of the global hashrate, expects its revenue share from AI to grow from approximately 10% to over 50% this year. Holmes highlighted the significant difference in profitability, noting that ASIC miners generate around $0.12–0.14 per hour, while a single Nvidia H100 GPU can earn nearly $2 per hour. Even older GPUs yield about $1.4 per hour, roughly ten times the revenue from mining hardware. Major miners like Riot Platforms, Cipher Digital, MARA, and TeraWulf are mitigating losses by shifting from cryptocurrency mining to supporting AI computations in their data centers or combining both activities. For instance, MARA Holdings recently purchased a $600 million site for AI and mining data centers. The company's CEO had previously warned that without at least a 50% annual increase in Bitcoin's price, the current mining model would become unprofitable. With the estimated cost to mine one Bitcoin around $78,000 for summer 2026 and Bitcoin's price remaining below that level for months, some miners have begun shutting down equipment as rising costs and network difficulty squeeze margins.

cryptonews.ru07/31 16:58

Head of Major Miner Estimates AI Profitability Ten Times Higher Than Mining

cryptonews.ru07/31 16:58

Quantum Solutions invested 1000 ETH to fund the development of Nvidia GPUs

Japanese company Quantum Solutions sold 1,000 ETH for approximately $1.9 million, losing its status as Japan's largest corporate Ethereum holder to Def Consulting. The proceeds are earmarked for funding the development of an AI data center, including purchasing Nvidia B300 and GB300 GPUs. This sale on July 30 followed a previous sale of 904 ETH in June. In total, Quantum has sold 1,904 ETH, reducing its holdings by about 29% from its initial 6,668.8 ETH. The company now holds roughly 4,764.8 ETH, while Def Consulting holds 4,976 ETH. Quantum acquired most of its Ethereum during the late 2025 rally when prices were between $4,000-$4,500. With ETH trading around $1,906, the remaining position is valued at approximately $9.1 million. The company expects to report a loss of about $100,000 from the latest sale. The board has authorized the sale of up to 4,375 ETH by October 30, leaving 2,471 ETH potentially available for sale. However, 3,050 ETH from the remaining balance is collateral for a loan, and only 1,714.8 ETH is in a trading account, creating a shortfall for meeting the new sales authorization. Future sales will depend on ETH's price and the data center project's cash needs.

cryptonews.ru07/31 05:33

Quantum Solutions invested 1000 ETH to fund the development of Nvidia GPUs

cryptonews.ru07/31 05:33

Stocks of Companies in Bitcoin Mining and AI Infrastructure Soar, Short Sellers Face Losses

Shares of companies involved in Bitcoin mining and AI infrastructure surged, causing losses for short sellers. On Thursday, July 30, 2026, Keel Infrastructure (formerly Bitfarms) led the gains, rising 29.13%, followed by Nebius Group, Cipher Digital, and IREN Limited with jumps over 27%. Other notable gainers included Riot Platforms, Bitdeer, Core Scientific, Hut 8, and Cleanspark, with increases mostly ranging from 17% to 24%. The rally was attributed to a short squeeze triggered by a hedge fund's forced liquidation of its holdings, which were largely bought by Citadel. Additionally, Bitcoin trading above $64,000 and strong Microsoft earnings, highlighting AI's profitability, boosted market sentiment. Coreweave also announced a deal to provide AI cloud services for U.S. defense and intelligence agencies. This surge reflects a broader, longer-term trend of Bitcoin miners pivoting to AI data centers, leveraging their existing energy infrastructure and land. Recent multi-billion dollar deals by companies like Hut 8, IREN, and Terawulf for AI cloud services underscore this strategic shift. Other gainers, including Sandisk, Micron, Bloom Energy, and Cerebras, are suppliers critical to the AI infrastructure build-out. While the rally provided relief after July's losses, questions remain about capital expenditures, power availability, and long-term AI demand. The sustainability of these gains depends on these companies successfully converting their energy contracts and AI service deals into stable revenue streams.

cryptonews.ru07/30 20:21

Stocks of Companies in Bitcoin Mining and AI Infrastructure Soar, Short Sellers Face Losses

cryptonews.ru07/30 20:21

Bernstein Reveals Details of Core Scientific's $14 Billion Deal with AMD

Analysts from Bernstein revealed details of a deal between Core Scientific and AMD with a potential total value of over $14 billion. According to the report, initial contracts for 530 MW of capacity could generate this revenue over 15 years, with AMD acting as a credit guarantor for part of the bitcoin miner's infrastructure. The partnership, announced on July 28, has the potential to allocate up to 2.5 GW of data center capacity for AI. Bernstein broke down the 530 MW into 377 MW of direct triple-net lease for AMD and 152 MW for an unnamed cloud provider backed by AMD's credit. This structure is seen as lowering financing costs and counterparty risk. AMD also received warrants to buy 30 million Core Scientific shares at $23.47 each, which vest upon reaching the 2.5 GW target. Average annual revenue from the deal is estimated at around $0.9 billion, or about $1.8 million per megawatt, which is 5-25% below recent AI hosting deals by other miners. However, the 377 MW triple-net lease for AMD carries a margin close to 100%. Core Scientific expects capital expenditures for the deal to be $11-12 million per MW, totaling about $6 billion. Bernstein views this partnership as a new phase in the transformation of former bitcoin miners into AI infrastructure operators, with AI chipmakers like AMD now acting as direct anchor tenants. Recent similar deals include Hut 8 allocating 704 MW to a tenant believed to be Nvidia, and AMD reserving 200 MW with Riot Platforms. Core Scientific also paid Block $41.9 million to terminate a mining chip supply contract as part of its accelerated diversification into AI.

cryptonews.ru07/30 16:11

Bernstein Reveals Details of Core Scientific's $14 Billion Deal with AMD

cryptonews.ru07/30 16:11

Hyperscale Data sells 100 BTC to fund Michigan AI data center

Bitcoin mining company Hyperscale Data has sold approximately 100 Bitcoin and obtained a Bitcoin-backed loan to fund the construction of its new AI data center in Michigan. The proceeds are for infrastructure and equipment, with the credit facility carrying an interest rate of 4.5% to 5%. The project supports a 10-year deal with an unnamed AI provider for 20 megawatts of capacity, potentially generating over $1.2 billion in revenue. Options to expand and extend the contract could increase its total value to more than $3 billion. Hyperscale Data, formerly Ault Alliance, continues its Bitcoin mining operations and remains a significant corporate holder with about 1,006 BTC.

cointelegraph07/30 16:06

Hyperscale Data sells 100 BTC to fund Michigan AI data center

cointelegraph07/30 16:06

Hyperscale Data Sells 100 BTC to Fund $3 Billion AI Data Center

Hyperscale Data (GPUS), a Las Vegas-based public company, sold 100 Bitcoin for approximately $6.5 million to help fund a $3 billion AI data center project in Dowagiac, Michigan. The sale reduces its Bitcoin holdings from about 1,106 BTC to 1,006 BTC. The company also secured a new credit line, using its remaining Bitcoin as collateral at a variable interest rate of 4.5% to 5.0%, to avoid equity dilution and expensive traditional debt. The funds will support a 10-year, 20-megawatt computing capacity contract with a California-based AI service provider, potentially generating over $1.2 billion in revenue. An option for an additional 32 megawatts could increase the total contract value to over $3 billion. This move is part of a broader trend among Bitcoin miners, like MARA and Bitdeer, to repurpose mining infrastructure—with its existing power, land, and cooling systems—toward more stable AI and high-performance computing hosting. Hyperscale Data maintains its long-term bullish stance on Bitcoin, framing the sale as an asset swap. Future developments hinge on the client exercising its expansion option, the timely deployment of initial capacity, and the company's planned divestment of its private equity divisions by Q2 2027 to focus on data centers and digital assets.

cryptonews.ru07/30 16:01

Hyperscale Data Sells 100 BTC to Fund $3 Billion AI Data Center

cryptonews.ru07/30 16:01

Fortitude Invests $45 Million in Zcash Mining Infrastructure to Strengthen Vertical Integration

Fortitude, a cryptocurrency mining company owned by Digital Currency Group, is investing $45 million to vertically integrate its Zcash mining operations. The plan includes $31.5 million in new mining hardware purchases and $13.9 million in two acquisitions for power contracts, land, buildings, and equipment in Nebraska. These moves aim to transform Fortitude from a company partially reliant on third-party infrastructure into one with its own controlled power and data center capacity, targeting over 60 megawatts by 2026. This infrastructure push accompanies a strategic shift from Bitcoin to Zcash. In Q1 2026, Zcash accounted for 61% of Fortitude's mining revenue, up from 11% a year prior, while Bitcoin's share fell from 79% to 36%. Despite mining fewer ZEC coins due to increased network difficulty and the 2024 halving, a surge in ZEC's price to an average of $272 drove Zcash revenue to $11.8 million in Q1. Fortitude reported a Q1 net loss of $4.6 million, improved from a $6.8 million loss a year earlier. The company is financing its expansion through cash, operational cash flow, and a $26 million loan from DCG. This investment and strategic pivot occur ahead of Fortitude's planned merger with Nasdaq-listed HeartSciences Inc., which will take the company public.

cryptonews.ru07/30 11:19

Fortitude Invests $45 Million in Zcash Mining Infrastructure to Strengthen Vertical Integration