---
title: "Neocloud stocks rally on Tuesday after NVIDIA’s $500 billion pledge. Why TeraWulf, Hut 8, and Galaxy Digital are rising"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295562540.md"
description: "Neocloud stocks rallied on Tuesday, driven by NVIDIA's $500 billion financing pledge for AI infrastructure. TeraWulf (WULF), Hut 8 (HUT), Galaxy Digital (GLXY), and Core Scientific (CORZ) saw gains of 4-7%. The partnership with major financial firms lowers build-out costs and validates the take-or-pay model for these operators, who hold significant contracted revenue backlogs."
datetime: "2026-08-11T16:54:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295562540.md)
  - [en](https://longbridge.com/en/news/295562540.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295562540.md)
generator: "portal-rs"
---

# Neocloud stocks rally on Tuesday after NVIDIA’s $500 billion pledge. Why TeraWulf, Hut 8, and Galaxy Digital are rising

Quick ReadHut 8 (HUT) leads neocloud stocks with a 7% midday gain, while Core Scientific (CORZ) and peers rebound after monthly losses topping 20%.NVIDIA is teaming with Apollo, BlackRock, and KKR to mobilize $500 billion in third-party capital for AI data center infrastructure.TeraWulf and Core Scientific hold $27 billion and $24 billion in contra...

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**