The New Money
High Performance Computing

High Performance Computing

High Performance Computing represents the segment of publicly traded companies providing GPU access and computational infrastructure for artificial intelligence and machine learning workloads. This category encompasses data center operators, cloud compute providers and hardware manufacturers enabling the processing power required for AI model training and inference at scale.

1D -12.44%
1W -13.93%
1M +16.93%
3M +63.16%
6M +37.81%
1Y +250.16%
2Y +467.87%

What's Included?

Companies

HUT Hut 8 Corp.

Hut 8 Corp. is a leading digital asset mining company in North America, specializing in Bitcoin mining and high-performance computing services.

1D -12.17%
1M +45.77%
1Y +598.69%
2Y +1,152.34%
HIVE HIVE Digital Technologies

HIVE Digital Technologies specializes in Bitcoin mining and AI solutions, operating green energy-powered data centers in Canada, Sweden, and Iceland.

1D -13.96%
1M +54.73%
1Y +100.00%
2Y +45.74%
BTBT Bit Digital

Bit Digital is a global leader in Bitcoin mining and Ethereum staking, leveraging sustainable energy and high-performance computing across the U.S., Canada, and Iceland.

1D -11.62%
1M +4.14%
1Y -33.81%
2Y -36.13%
CORZ Core Scientific

Core Scientific leads in blockchain infrastructure and digital asset mining, providing scalable solutions through state-of-the-art U.S. data centers.

1D -7.35%
1M +27.08%
1Y +119.15%
2Y +431.01%
IREN IREN

IREN operates eco-friendly data centers powered by 100% renewable energy, supporting Bitcoin mining and AI cloud services with sustainable infrastructure.

1D -12.12%
1M +19.06%
1Y +511.53%
2Y +579.56%
SLNH Soluna Holdings

Soluna Computing transforms wasted renewable energy into high-performance computing solutions, including AI and Bitcoin mining, enhancing energy efficiency.

1D -11.30%
1M -15.51%
1Y +111.90%
2Y -43.91%
APLD Applied Digital

Applied Digital provides next-generation data center solutions tailored for AI and high-performance computing, emphasizing efficiency and scalability.

1D -10.26%
1M +18.09%
1Y +286.54%
2Y +900.51%
WULF Terawulf

TeraWulf develops and operates sustainable, zero-carbon bitcoin mining facilities, leveraging nuclear, hydro, and solar energy sources.

1D -8.40%
1M +12.58%
1Y +534.66%
2Y +1,070.24%
GLXY Galaxy Digital Holdings

Galaxy Digital is a leading digital asset and blockchain firm offering trading, asset management, and infrastructure solutions for institutional investors.

1D -11.51%
1M -10.57%
1Y +31.42%
2Y +10.26%
SATO SATO Technologies

SATO Technologies provides sustainable, scalable infrastructure for energy-intensive computing, leveraging hydroelectric power to support AI, blockchain, and HPC.

1D -25.93%
1M -16.67%
1Y -41.18%
2Y -66.67%
NBIS Nebius Group

Nebius Group delivers cutting-edge AI infrastructure and cloud solutions, enabling developers worldwide to innovate with scalable GPU clusters and advanced platforms.

1D -12.21%
1M +47.56%
1Y +532.87%
2Y +1,103.59%

Deep Dive

High Performance Computing has emerged as a critical infrastructure layer for modern AI development, driven by the exponential computational demands of training large language models and deep learning systems. Companies in this space provide the hardware, facilities and cloud services that make intensive parallel processing accessible to enterprises and research institutions.

The sector includes GPU cloud providers that rent compute capacity by the hour, data center operators building facilities optimized for high-density computing workloads and chip designers developing processors specifically for AI and machine learning tasks. These businesses benefit from sustained demand as model sizes grow and more industries integrate AI capabilities into their operations.

Infrastructure requirements extend beyond raw processing power to include cooling systems, power delivery and networking architecture capable of supporting thousands of GPUs operating simultaneously. Data center operators focus on geographic expansion and energy efficiency, while cloud providers compete on pricing, availability and integration with popular AI frameworks.

The relationship between semiconductor manufacturers and HPC providers creates interdependencies across the technology stack, with chip shortages directly impacting compute availability and pricing dynamics. As AI adoption expands from tech companies into healthcare, finance and manufacturing, demand for scalable compute infrastructure continues to drive growth across the high performance computing ecosystem.