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AI Infrastructure Boom Drives Surge in Hyperscaler Capex and Chip Demand

24/7 Wall St. Read original source (opens in a new tab)
The Story

News Summary

  • Bitcoin miners are rapidly pivoting into AI data center infrastructure through multi-billion-dollar leases with hyperscalers.
  • Deals with AMD and NVIDIA highlight relentless AI compute and power demand, driving strong miner revenue growth while decoupling mining stock performance from Bitcoin's price trends.
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AMD price history

516.13 +140.00% over the displayed period

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