← News
Stocks· July 28, 2026 at 04:13 AM
Nvidia behind $50 billion lease on Texas data center, FT reports
Authored by·Editorially reviewed
Onur Erkan YıldızFounder, Financial Engineer · CMB-licensed
Higher education in Financial Engineering and Money & Capital Markets. SPK (Turkey CMB) licence. 16 years across institutional markets, research, and quant-driven analytics.
NeutralMedium impact
AI summary
Nvidia has signed leases worth up to $50 billion for a data center in Texas that Hut 8 is building, the Financial Times reported on Tuesday, citing five people familiar with the deal. Reuters could not immediately verify the report. (Reporting by Gnaneshwar Rajan in Bengaluru; Editing by Sonia Cheema)
Affected symbols
AI commentary is generated from public news feeds and is not investment advice.
Related coverage
StocksMedium impactNeutral30m
Prediction: SpaceX Stock Will Fall After Aug. 4
via Yahoo Finance
NVDA
StocksMedium impactNeutral35m
AI stock sell-off deepens as investors dump chipmakers - Financial Times
via Financial Times
EarningsMedium impactNeutral39m
Ford Yields 4.1% and Lost $6.1 Billion Over the Past Year. Its Earnings Land Tuesday Afternoon.
via Yahoo Finance
NVDA
StocksMedium impactNeutral48m
Google rivals line up seeking damages after record $1 billion fine
via Yahoo Finance
GOOGL