AlphaTON Capital has announced a strategic investment of $82.5 million to acquire and deploy a high-performance GPU cluster featuring over 1,000 Nvidia B200 GPUs. This initiative supports Telegram's Cocoon AI, a privacy-preserving decentralized AI network, and positions AlphaTON as a significant compute provider. The investment aligns with efforts to foster user data sovereignty and environmentally responsible AI development. This move highlights a broader trend toward democratizing AI access by providing an alternative to the centralized services offered by leading technology corporations.
- NVIDIA (NasdaqGS:NVDA) last closed at $180.26 up 1.4%.
Elsewhere in the market, Hon. Precision (TWSE:7769) was trading firmly up 12.4% and finishing the session at NT$2,940.00, not far from its 52-week high. In the meantime, SK hynix (KOSE:A000660) lagged, down 2.6% to finish the session at ₩530,000.
Best AI Chip Stocks
- Advanced Micro Devices (NasdaqGS:AMD) closed at $214.24 up 3.9%.
- Broadcom (NasdaqGS:AVGO) finished trading at $397.57 up 3.3%, close to the 52-week high.
- Micron Technology (NasdaqGS:MU) settled at $230.26 up 2.6%. Three days ago, the company urged shareholders to vote against a proposal that would allow owners of 10% of the stock to call special meetings.
Next Steps
- Click through to start exploring the rest of the 65 AI Chip Stocks including Jentech Precision Industrial, Tower Semiconductor and Analog Devices now.
- Ready To Venture Into Other Investment Styles? Rare earth metals are the new gold rush. Find out which 35 stocks are leading the charge.
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