BUZZ-T1 Energy, HIVE Digital climb after ex-OpenAI employee's fund discloses stake
NVIDIA Corporation NVDA | 0.00 | |
T1 Energy TE | 0.00 | |
Hive Blockchain HIVE | 0.00 | |
CoreWeave CRWV | 0.00 | |
Intel Corporation INTC | 0.00 |
** Shares of energy solutions provider T1 Energy TE.N jump 18.8% to $6.70
** AI compute firm HIVE Digital Technologies HIVE.O stock soars 25.7% to $3.40
** Situational Awareness, a fund run by former OpenAI executive Leopold Aschenbrenner, disclosed new stakes in the stocks on Monday
** "He's hot right now and the market's looking at him and they like that OpenAI theme as well" - Dennis Dick, chief strategist, Stock Trader Network.
** The fund holds more than 3.3 mln HIVE shares, 10 mln TE shares
** TE trending at #4 on retail investor forum Stocktwits
** Situational Awareness adds new positions in other stocks, including chipmakers Intel INTC.O, AMD AMD.O, Micron MU.O and Nvidia NVDA.O
** Increases stakes in crypto miners Riot Platforms RIOT.O, CleanSpark CLSK.O and cloud infrastructure firm CoreWeave CRWV.O
** Exits positions in stocks like photonics products maker Coherent COHR.N, optical-technology maker Lumentum LITE.O