Financial Data and Key Metrics Changes - Revenues for Q1 fiscal 2026 were $64.2 million, an increase of 84% from $34.8 million in Q1 fiscal 2025, primarily due to $26.3 million from tenant fit-out services [18][19] - Adjusted net loss was $7.6 million or $0.03 per share, while adjusted EBITDA was $0.5 million compared to $6.3 million the prior year [20] - The company ended the quarter with $114.1 million in cash and $687.3 million in debt, excluding $362.5 million in proceeds from financing that occurred after the quarter [20][21] Business Line Data and Key Metrics Changes - The HPC data center hosting segment expanded its lease agreements with CoreWeave, increasing contracted revenue from approximately $7 billion to $11 billion over 15 years [4][5] - The blockchain hosting business operates 286 megawatts of fully contracted capacity across two North Dakota locations, with strong Bitcoin prices positively impacting customer sentiment [13][14] - The cloud services business is under strategic review and classified as held for sale, with no further updates provided until a definitive plan is established [14] Market Data and Key Metrics Changes - Publicly traded hyperscalers are projected to invest over $350 billion in AI data centers in 2025, highlighting unprecedented investment levels in AI infrastructure [8] - The industry recognizes that the limiting factor in AI infrastructure deployment is the availability of suitable data centers, referred to as AI factories [9] Company Strategy and Development Direction - The company aims to scale its operations significantly, with a goal of reaching $1 billion in net operating income (NOI) run rate within five years [22] - The company is focused on securing capital at the lowest possible cost and building repeatable financing structures to support data center development across the U.S. [16] - The company is actively evaluating new sites across additional states and regions to meet accelerating demand for data center infrastructure [23] Management's Comments on Operating Environment and Future Outlook - Management highlighted the importance of speed, reliability, and readiness in meeting the surge in demand for AI infrastructure [8] - The company believes it is uniquely positioned to meet the challenges of the market, having secured early construction crews and built strong relationships with local communities [10] - Management anticipates a potential shakeout in the market as new entrants may struggle to meet construction timelines, favoring proven vendors and developers [64] Other Important Information - The company has secured an initial $112.5 million draw from a $5 billion preferred equity facility with Macquarie Asset Management to advance construction of Polaris Forge 1 [15] - The initial development cost for Polaris Forge 2 is projected to be approximately $3 billion, with potential for future expansion [7] Q&A Session Summary Question: What are the largest remaining factors for project financing? - Management indicated that project financing will encompass both buildings at Polaris Forge, aiming for a facility that is competitive with market offerings [31] Question: What is the current status of power infrastructure at Polaris Forge 2? - Management confirmed that 280 megawatts of initial utility power is in place, with infrastructure being built to meet timelines for 2026 and 2027 [32] Question: Can you discuss the Macquarie Asset Management financing? - The financing allows the company to scale significantly, unlocking $20 to $25 billion of total capital for future projects while minimizing dilution for shareholders [40] Question: How does the company define its active pipeline? - The active pipeline includes projects that are expected to move into construction within the next six to twelve months, with ongoing work on permitting and power agreements [45] Question: What are the expectations for power availability in South Dakota? - Power is expected to be available in South Dakota in 2026, with the main gating item being a sales tax exemption for IT equipment [60]

人工智能基础设施供应商SuperX(NASDAQ：SUPX)日前推出最新旗舰产品XN9160-B300AI服务器。该 服务器搭载NVIDIA Blackwell GPU(B300)，旨在满足AI训练、机器学习(ML)和高性能计算(HPC)等工作 负载对可扩展、高性能计算日益增长的需求，能够为关键任务型数据中心环境提供有力支持。 对于当前动辄需要数千亿甚至万亿参数的基础模型，单机服务器性能再强，若无法高效扩展，也难以应 对真正的AI工厂级任务。为此，XN9160-B300AI服务器通过8个用于InfiniBand的800Gb/s OSFP端口或双 400Gb/s以太网，能够便捷实现系统扩展。而通过第五代NVLink互连技术进一步确保了板载的8颗GPU 无缝通信，能够满足超大规模模型训练和分布式推理的需求。 据介绍，XN9160-B300AI服务器专为加速大规模分布式AI训练和AI推理工作负载而打造，其核心是搭 载8颗NVIDIA Blackwell B300GPU的NVIDIA HGX B300模组。Blackwell B300GPU是NVIDIA基于 Blackwell Ultra架构开发的新一代AI加速芯片 ...

KOTA BHARU: Malaysia’s weather forecasts are expected to become faster and more accurate with the development of a new numerical weather prediction system by the Malaysian Meteorological Department. Datuk Nor Yahati Awang, the Ministry of Natural Resources and Environmental Sustainability’s deputy secretary-general, said the system will utilise a supercomputer with a processing speed of six petaflops. She confirmed the system will be housed at the Public Sector Data Centre in Kulim, Kedah, and will incorpor ...

Quantum Computing (QUBT) shares closed roughly 20% higher on Oct. 3 after an Ascendiant Capital analyst issued a bullish note in favor of the Hoboken-headquartered firm. On Friday, Edward Woo maintained his “Buy” rating on QUBT shares and raised his price objective to $40, indicating potential upside of another 80% from current levels. More News from Barchart Including Friday’s surge, Quantum Computing stock is up more than 400% versus its year-to-date low in early March. www.barchart.com Why Is Ascen ...

We recently published 10 Stocks With 10-60% Upside. Riot Platforms Inc. (NASDAQ:RIOT) is one of the top performers on Monday. Riot Platforms extended gains for a second day on Monday, jumping 11.81 percent to finish at $19.78 apiece as investors took path from optimism for Bitcoin to break past the $200,000 level and analysts’ positive ratings for its stock. Riot Platforms Inc. (NASDAQ:RIOT) rallied alongside its counterparts, namely CleanSpark, MARA Holdings, and Galaxy Digital, after the latter’s chief ...

Upgrades Summary - Rothschild & Co Redburn upgraded Kenvue (KVUE) to Buy from Neutral with a price target of $22, down from $22.50, citing a more measured response from the Health and Human Services department regarding Tylenol usage concerns [2] - Rosenblatt upgraded Ciena (CIEN) to Buy from Neutral with a price target of $175, up from $127.50, following an innovation day that highlighted opportunities to network multiple AI data centers [2] - Citi upgraded Riot Platforms (RIOT) to Buy from Neutral with a price target of $24, up from $13.75, due to the company's transition to AI and high-performance computing [2] - JPMorgan also upgraded Riot Platforms to Overweight from Neutral with a price target of $19, up from $15 [2] - Goldman Sachs upgraded Ionis Pharmaceuticals (IONS) to Neutral from Sell with a price target of $65, up from $45, noting the company's transition to a commercial growth story [2] - RBC Capital upgraded Alkermes (ALKS) to Outperform from Sector Perform with a price target of $44, up from $42, based on positive analysis of potential narcolepsy type 2 treatment effects for alixorexton [2]

We recently published 10 Big Names Investors Are Dumping. Hut 8 Corp. (NASDAQ:HUT) is one of the companies that heavily bled in Thursday’s trading. Shares of Hut 8 Corp. retreated by 7.87 percent on Thursday to close at $34.88 apiece as investors resorted to profit-taking following last week’s gains that saw the company propel to a new all-time high. In other developments, Hut 8 Corp.’s (NASDAQ:HUT) newly listed subsidiary, American Bitcoin (NASDAQ:ABTC), announced its switch to a new auditor, KPMG LLC, ...

除美国外，SuperX近期在日本、中国等市场都展开了紧锣密鼓的布局动作。 7月28日，SuperX宣布旗下子公司SuperX Industries Pte.Ltd.计划在日本建立其首个区域人工智能供应中 心，该中心预计2025年下半年投产，全面投入运营后，将具备每年为1万台SuperX自有品牌高性能AI服 务器进行最终组装、系统集成与严格品控的交付能力。AI供应中心将专注于公司品牌核心产品(包括高 性能人工智能服务器、高压直流(HVDC)电源系统和高密度液体冷却解决方案)的最终组装、系统集成和 质量控制，能够为日本及亚洲客户提供更快速、更贴近本地需求的交付体验。 7月30日，SuperX正式发布最新旗舰产品SuperX XN9160-B200AI服务器。该服务器搭载NVIDIA最新一 代Blackwell架构GPU(B200)，旨在满足客户对人工智能(AI)、机器学习(ML)和高性能计算(HPC)应用程 序的高性能和可扩展性的算力需求。 9月15日，SuperX子公司牵手中国数字能源企业中恒电气（002364）设立合资公司SuperX Digital Power Pte.Ltd，双方将整合在客户资源、技术储备 ...

By James Van Straten (All times ET unless indicated otherwise) It's a new day, but the same story: Bitcoin (BTC) is struggling and ether (ETH) is trying to hold the $4,000 range. Crypto bulls can take some comfort in the fact that there is only one week left in September, a historically bearish month, and what's usually the strongest quarter is just around the corner. Sentiment within the industry remains subdued. The Crypto Fear and Greed Index sits at 45, which is neutral, but leaning slightly closer t ...

The stock of the Bitcoin mining company, Bitfarms Ltd. (Nasdaq: BITF), fell more than 15% to close at $2.59 on Sep. 23. It is an extraordinary decline for a stock that had been soaring for more than two past weeks. Bitfarms teases further expansion into U.S. Founded in 2017, Bitfarms is a Canada-based Bitcoin mining company that operates 14 data centers across the Americas. Related: What is Bitcoin mining? Explained In simple words, Bitcoin mining is the process in which miners use high computing power ...