Nvidia compute capacity lease for Texas data center
Company: Hut 8 - Project: Beacon Point
The claim, verbatim
Nvidia has signed leases for up to $50 billion for computing capacity at Hut 8's 1GW Texas data center
Source (primary)
HUT Stock Quote Price and Forecast - CNN (-, news_article)
View cached copy (2026-09-01)Live source ↗
Quote: “Nvidia signs up to $50B leases for Hut 8's 1GW Texas data center, FT reports”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms HUT Stock Quote Price and Forecast - CNN
Quote: “Nvidia signs up to $50B leases for Hut 8's 1GW Texas data center, FT reports”