Hut 8 surges on $9.8 billion AI data-center lease, lifting compute sector

AI Summary The long-term deal sparked a rebound in AI compute stocks after investors questioned demand for new data center capacity. fulltext: 121 chars | fulltext source: rss-fallback | summary method: extractive Original: https://www.coindesk.com/business/2026/07/20/hut-8-surges-on-usd9-8-billion-ai-data-center-lease-lifting-compute-sector Source: CoinDesk