Hut 8 Clarifies Nvidia Texas Data Center Lease at $19.6 Billion Over 15 Years, Excluding Renewals
aiai-infrastructureai-compute-chips 1 posts · 1 accounts
Hut 8 said Nvidia’s lease for a Texas data center is a 15-year commitment worth $19.6 billion, following reporting that cited a $50 billion total value for the facility.
The higher valuation includes renewal options that would extend the lease to 30 years, according to the company. The clarification distinguishes the firm financial commitment from potential future extensions.
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@firstadopterMainstream media really needs to stop with these sensationalized, conflated FUD headlines. I get it, you want to generate clicks. But you’re misleading your audience. FT headline: "Nvidia behind $50 billion lease on Texas data centre that