Core Insights - The demand for AI infrastructure is driving significant investment in data centers and related technologies, with leading companies like Advanced Micro Devices (AMD) and Hut 8 positioned to benefit from this trend [1][2]. Group 1: Advanced Micro Devices (AMD) - AMD experienced a remarkable 77% stock increase in 2025, largely due to a partnership with OpenAI, and is expected to continue its growth trajectory in 2026 [3][5]. - The company reported a 36% year-over-year revenue growth in Q3, with adjusted net income rising by 31% [3][6]. - AMD anticipates a long-term revenue growth rate of 35% annually, with adjusted earnings per share projected to exceed $20 within the next three to five years [6]. Group 2: Hut 8 - Hut 8 signed a significant 15-year, $7 billion agreement with Anthropic to provide 245 megawatts of data center capacity, potentially scaling to 2.3 gigawatts, with the deal's value possibly increasing to $17.7 billion [8][9]. - The company reported a 91% year-over-year revenue increase in Q3, reaching $83 million, primarily driven by Bitcoin mining operations [12]. - Hut 8's market capitalization stands at $6.3 billion, which is considered relatively low compared to the value of its contracts and growth potential [10][11].

Core Insights - Investors are increasingly viewing energy and power providers as compelling opportunities to gain exposure to the AI theme, according to BlackRock's 2026 Investment Directions report [1][4] - A significant 54% of survey participants identified energy providers as the most attractive investment related to AI, while 37% pointed to infrastructure and only 20% favored U.S. mega-cap tech giants [2] - The survey indicates that while investors remain optimistic about AI, they are seeking diversification beyond traditional tech stocks, with a focus on the broader ecosystems supporting AI [3] Industry Trends - The demand for electricity to power data centers is expected to surge, with Goldman Sachs projecting a 175% increase in data center power demand by 2030 compared to 2023 levels, equivalent to adding another Top 10 power-consuming country [6] - The reliability of power and water is seen as a multi-year investment theme due to rising demand, aging infrastructure, and the need to adapt to extreme weather events [7] - BlackRock emphasizes the importance of managing risks associated with mega-cap and AI exposure while capturing differentiated upside opportunities as the earnings outlook for the broader S&P 500 is expected to catch up to the Magnificent Seven by 2026 [5]

Core Insights - A partnership has been formed between LightHouse Data Centers and Wharton Digital to create a platform for hyperscale data centers in North America, leveraging expertise in development and institutional capital [1][2] - The platform aims to deliver over 2 GW of capacity to meet the increasing demand from hyperscale, AI, and cloud customers [1] - LightHouse currently operates about 300 MW of power capacity and has more than 2 GW in active development across various U.S. markets [2] Company Developments - LightHouse Data Centers is positioned as a next-generation turnkey data center developer and operator, focusing on high-density AI workloads and liquid-cooled architectures [2] - Wharton Digital has invested in LightHouse and contributed its powered land business to the partnership, enhancing the development pipeline for both hyperscale campuses and major metro infill sites [2] - The leadership of LightHouse has been strengthened with the appointment of Peter C. Lewis as chairman, who brings decades of real estate experience [2] Market Demand - There is unprecedented demand for data center capacity anticipated in 2026 and 2027, driven by the growth of AI and cloud services [2] - The partnership aims to accelerate the delivery of next-generation infrastructure to meet this demand, with plans to deliver multiple data center campuses later this year and early in 2027 [2] - The combined expertise of LightHouse and Wharton is expected to create a robust development pipeline with a long-term runway for growth [2]

Core Viewpoint - A securities class action lawsuit has been filed against CoreWeave, Inc. and certain executives, representing investors who acquired CoreWeave securities between March 28, 2025, and December 15, 2025 [1] Group 1: Lawsuit Details - The lawsuit follows revelations about delays from a third-party data center developer, impacting CoreWeave's Denton, Texas data center cluster intended for OpenAI, which has led to a significant decline in share price [2] - Hagens Berman, a national shareholder rights firm, is investigating claims that CoreWeave misled investors, urging those who suffered losses to come forward [3] - The complaint focuses on CoreWeave's statements regarding its ability to meet high demand for services and recognize revenue from long-term contracts with customers [4] Group 2: Allegations of Misleading Information - The lawsuit alleges that CoreWeave made misleading statements and failed to disclose its overstated ability to meet customer demand [5] - CoreWeave is accused of underestimating the risks associated with its reliance on a single third-party data center supplier, affecting its ability to meet customer demand and recognize revenue [5] Group 3: Market Reaction and Financial Impact - Investors began questioning CoreWeave's transparency after the company reported Q3 2025 financial results on November 10, 2025, which included a surprising reduction in full-year revenue guidance due to delays from a third-party developer [6] - Following a report from The Wall Street Journal on December 15, 2025, regarding ongoing delays from the data center supplier, CoreWeave's share price dropped by $36.11, a decline of 34%, resulting in a loss of approximately $14 billion in market capitalization within a month [6]

Core Insights - Carrier Connect Data Solutions Inc. is participating in the AlphaNorth Capital Event from January 16-18, 2026, aimed at connecting growth-stage companies with capital finance professionals [1][2] - The company focuses on rolling up Tier II/III data centers internationally, specializing in co-location services for AI companies, service providers, enterprises, and small businesses [3] Company Overview - Carrier Connect Data Solutions operates as a carrier-neutral organization, owning its systems outright within leased spaces [3] - The primary markets for the company include Vancouver and Ottawa in Canada, and Perth in Australia, serving clients who utilize its facilities as either primary or ancillary data centers [3]

Core Viewpoint - Oklo's stock has experienced a decline following a previous surge, primarily due to profit-taking by investors and increased competition from geothermal energy solutions [1][3][7]. Group 1: Stock Performance - Oklo's shares closed lower on both Monday and Tuesday after a significant rise last week, with a current decline of 4.8% as of 11:35 a.m. ET [1][6]. - The stock reached a peak of $105.31 last Friday, a level not seen since early December, indicating a potential profit-taking phase by investors [3][6]. Group 2: Market Dynamics - The decline in Oklo's stock is attributed to two main factors: profit-taking after the stock's rise and the emergence of geothermal energy as a competitive alternative for data center operators [3][4]. - Ormat, a geothermal specialist, has signed a 20-year power purchase agreement with data center operator Switch, which may reduce Oklo's market opportunities in this sector [4]. Group 3: Investment Outlook - Despite the recent stock decline, the fundamental bullish case for Oklo remains unchanged, as geothermal power is geographically limited, making it less viable for many data center locations [7]. - Analysts suggest that investors who were previously bullish on Oklo should maintain their stance, as the long-term outlook has not been negatively impacted [7].

Core Viewpoint - Hagens Berman is notifying investors about a securities class action against Fermi Inc. regarding misleading information related to tenant demand and funding for its "Project Matador" AI campus [1][5]. Group 1: Class Action Details - The lead plaintiff deadline for the class action is set for March 6, 2026 [4]. - The class period for the lawsuit is from October 1, 2025, to December 11, 2025 [4]. - The core allegation involves overstated tenant demand and undisclosed risks associated with the primary anchor tenant [4][8]. Group 2: Stock Price Impact - Following the termination of the $150 million Advance in Aid of Construction Agreement by the First Tenant, Fermi's stock price dropped by 33.8% in a single day, closing at $10.09 per share, which is over 50% below its IPO price of $21.00 [6][9]. Group 3: Project Matador Overview - Fermi's "Project Matador" is described as a multi-gigawatt energy and data center development aimed at supporting the growing needs of AI [5]. - The company had previously highlighted an agreement with an investment-grade "First Tenant" as part of its IPO materials [5].

Core Viewpoint - Bitdeer is expanding its business model from bitcoin mining to providing AI solutions by launching NVIDIA GB200 NVL72 GPUs for AI workloads in Malaysia [1][3] Group 1: New Infrastructure and Technology - Bitdeer has deployed NVIDIA GB200 NVL72 GPUs designed for complex tasks such as generative AI and large model training [1] - The company plans to integrate NVIDIA GB300 NVL72 infrastructure in the future to enhance its computing capabilities [1] - Bitdeer is hosting these GPUs in a third-party data center, as it does not currently have a Malaysian site in its data center portfolio [2] Group 2: Business Model Evolution - The shift from bitcoin mining to offering full-stack, vertically integrated AI solutions in one cloud is a key focus for Bitdeer [3] - Management indicated that existing bitcoin mining facilities are being converted to accommodate new AI equipment, including a 13 MW site in Washington and a 37 MW site in Tennessee [4] Group 3: Power Capacity and Future Projects - Bitdeer currently manages approximately 3 GW of power capacity globally, allowing for rapid scaling of operations to meet demand [3] - New infrastructure projects include a 570 MW facility in Clarington, Ohio, and a 175 MW site in Tydal, Norway [4]

Core Viewpoint - CleanSpark has signed a definitive agreement to acquire 447 acres in Brazoria County, Texas, for the development of an AI data center campus, which is expected to enhance its capabilities in supporting AI and high-performance computing workloads [1][2]. Group 1: Acquisition Details - The acquisition includes a long-term transmission facilities extension agreement that supports an initial load of 300 MW, with plans to expand this capacity to a total of 600 MW [1]. - This marks CleanSpark's second major infrastructure deal in the greater Houston region, following a previous acquisition of 271 acres in Austin County, which secured approval for 285 MW of power [2]. Group 2: Transaction Timeline - The company anticipates closing the transaction in the first quarter of 2026, pending standard utility and property-related approvals [3].

Group 1 - A class action lawsuit has been filed against Fermi Inc. on behalf of investors who acquired Fermi securities during the Class Period from October 1, 2025, to December 11, 2025 [1][2] - Fermi is headquartered in Amarillo, Texas, and aims to establish a network of large, grid-independent data centers powered by various energy sources, with its flagship project being "Project Matador" [3] - The lawsuit alleges that Fermi misled investors about tenant demand for Project Matador and the status of its funding, particularly regarding reliance on a single tenant's commitment [4] Group 2 - On December 12, 2025, Fermi disclosed that the first tenant for Project Matador had terminated a $150 million construction funding agreement, leading to a significant drop in Fermi's share price by nearly 34% [5] - Investors who purchased Fermi securities during the Class Period have until March 6, 2026, to seek appointment as lead plaintiff representatives [2]