Applied Digital's stock surged 12% after signing a $7.5 billion lease with a hyperscaler, boosting contracted revenue to over $23 billion across AI data centers. The deal highlights growing demand for AI infrastructure, prompting hyperscalers to secure long-term power and compute capacity. Despite revenue growth, Applied Digital continues to face widening losses.
Nvidia's stock dropped 1.41% after DeepSeek launched its V4 AI model using Huawei’s Ascend chips instead of Nvidia’s, highlighting ongoing US-China trade tensions. Despite US approval, Nvidia has yet to sell H200 chips to Chinese firms, amid shipment delays. China’s AI infrastructure market is valued at $50 billion and growing at 50% annually.
SoftBank (SFTBY) plans to build a gigawatt-scale battery plant in Osaka, supporting AI data centers and infrastructure expansion. The Sakai facility will combine energy production with AI computing, reflecting SoftBank’s long-term strategy to secure stable power for future data centers. Despite these plans, SoftBank’s stock remains steady as investors await further developments.
Oklo's stock surged 20% after announcing a collaboration with Nvidia and LANL on nuclear infrastructure and AI research. The partnership aims to develop AI models for fuel validation, materials science, and power generation. The deal reflects growing interest in nuclear tech and AI integration within the Web3 ecosystem, boosting Oklo’s market value.
Intel's stock rose after Q2 revenue and earnings forecasts beat estimates, driven by AI chip demand. Xeon server chips boosted outlook amid global AI infrastructure growth. Despite gains, Intel’s foundry division remains loss-making due to restructuring costs. Investors remain cautiously optimistic about AI opportunities and Intel’s strategic position in tech supply chains.
Tokenized real-world assets are approaching $30 billion, driven by increasing institutional adoption, according to Chainalysis. On-chain asset-backed credit and Treasury products are expanding faster than retail segments, reshaping capital markets and influencing product strategies. Treasurys lead the growth in on-chain RWAs, highlighting the shift toward tokenized assets as core infrastructure for institutional portfolios.
The Pepeto presale is nearing $10 million in April 2026, amid increased AI infrastructure activity. Grayscale raised its Bittensor (TAO) stake to 43.06%, its largest single-asset rebalance, while RenderCon added 60,000 GPUs. Additionally, BitGo and Yuma launched institutional custody and staking services for TAO tokens, highlighting growing institutional interest in AI-focused blockchain projects.
