AI infrastructure stocks sell off, but the data center boom rolls on

What happened: AI infrastructure stocks sold off while data center construction continues. Eric Jackson toured Hut 8's (HUT) Riverbend AI data center in Louisiana, a 649 acre project under construction, and described the disconnect between Wall Street fears and activity on the ground. Key numbers: 649 acres; Hut 8 (HUT) Riverbend AI Why it matters: Jackson said the sell-off resembles past scares such as the Deepseek and SaaS panics, and that in the real world the buildout is real and welcomed. He noted Hut 8 used non-recourse debt rather than a $6 billion stock offering, unlike some peers. Market: +0.1% today ($253.46), +11.9% YTD, 0.3x vol — as of 15:32 UTC Coverage: 6 outlets in 24h

AI infrastructure stocks sold off while data center construction continues. Eric Jackson toured Hut 8's (HUT) Riverbend AI data center in Louisiana, a 649 acre project under construction, and described the disconnect between Wall Street fears and activity on the ground.

Jackson said the sell-off resembles past scares such as the Deepseek and SaaS panics, and that in the real world the buildout is real and welcomed. He noted Hut 8 used non-recourse debt rather than a $6 billion stock offering, unlike some peers. Market: +0.1% today ($253.46), +11.9% YTD, 0.3x vol — as of 15:32 UTC