Market Newsdesk

PALO ALTO, Calif., June 17, 2026 /PRNewswire/ — Broadcom Inc. (NASDAQ: AVGO) (“Broadcom“) today announced the pricing terms of its previously announced cash tender offers (collectively, the “Offers“) to purchase the outstanding notes described below, in each case upon the terms and subject to the conditions set forth in the Offer to Purchase dated June 11, 2026 (the “Offer to Purchase“) and the accompanying notice of guaranteed delivery (the “Notice of Guaranteed Delivery“).

The Notes offered to be purchased in the Offers, in the order of acceptance priority, are the 4.926% Senior Notes due 2037; 4.900% Senior Notes due 2038; 5.050% Senior Notes due 2030; 5.200% Senior Notes due 2032; 5.150% Senior Notes due 2031 and 4.900% Senior Notes due 2032 (collectively, the “Notes“) for the consideration described below, up to an aggregate purchase price, excluding the Accrued Coupon Payment, of $2.5 billion (the “Consideration Cap Amount“). Broadcom may, but is under no obligation to, increase the Consideration Cap Amount. If a given Series of Notes is accepted for purchase pursuant to the Offers, all Notes of that Series that are validly tendered and not validly withdrawn will be accepted for purchase. If the Consideration Cap Condition is not satisfied for a Series of Notes, such Series of Notes may not be accepted for purchase even if one or more Series with a higher or lower Acceptance Priority Level are accepted for purchase. Capitalized terms used but not defined in this press release have the meanings given to them in the Offer to Purchase.

The table below provides the applicable Total Consideration for each Series of Notes, calculated as of 11:00 a.m., New York City time, today, June 17, 2026, in accordance with the Offer to Purchase.

The Total Consideration for each Series of Notes payable per each $1,000 principal amount of such Series of Notes validly tendered for purchase has been based on the applicable Fixed Spread for such Series of Notes, plus the Reference Yield based on the bid-side price of the applicable Reference Security as quoted on the applicable Bloomberg Reference Page as of 11:00 a.m., New York City time, today, June 17, 2026. The Total Consideration does not include the applicable Accrued Coupon Payment, which will be payable in cash in addition to the applicable Total Consideration.

The Offers are scheduled to expire at 5:00 p.m., New York City time, today, June 17, 2026, unless extended or earlier terminated. Notes tendered for purchase may be validly withdrawn at any time at or prior to 5:00 p.m., New York City time, today, June 17, 2026, unless extended by Broadcom.

The deadline to validly tender Notes using the guaranteed delivery procedures is 5:00 p.m., New York City time, on June 22, 2026, unless extended by Broadcom (the “Guaranteed Delivery Date“).

The Initial Settlement Date will be the first business day after the Expiration Date and is expected to be June 18, 2026.  The Guaranteed Delivery Settlement Date will be the first business day after the Guaranteed Delivery Date and is expected to be June 23, 2026. The Offers are subject to certain conditions as described in the Offer to Purchase. If any condition is not satisfied, Broadcom is not obligated to accept for payment, purchase or pay for, and may delay the acceptance for payment of, any tendered Notes, in each case subject to applicable law, and may terminate or alter any or all of the Offers.

Broadcom has retained Barclays Capital Inc. and Citigroup Global Markets Inc. to act as dealer managers (the “Dealer Managers“) for the Offers. D.F. King & Co., Inc. is acting as the Tender and Information Agent for the Offers. For additional information, please contact: Barclays Capital Inc. at +1 (800) 438-3242 (toll-free) or +1 (212) 528-7581 (collect); or Citigroup Global Markets Inc. at +1 (800) 558-3745 (toll-free) or +1 (212) 723-6106 (collect). Requests for documents and questions regarding the tendering of Notes may be directed to D.F. King & Co., Inc. by telephone at +1 (212) 257-2468 (for banks and brokers only) and +1 (800) 967-7635 (for all others toll-free), by email at [email protected] or to the Dealer Managers at their respective telephone numbers. Copies of the Offer to Purchase and the Notice of Guaranteed Delivery are available at: www.dfking.com/avgo. You may also contact your broker, dealer, commercial bank, trust company or other nominee for assistance concerning the Offers.

This press release is neither an offer to purchase nor a solicitation of an offer to sell the Notes or any other securities. The Offers are made only by and pursuant to the terms of the Offer to Purchase and only to such persons and in such jurisdictions as is permitted under applicable law. The information in this press release is qualified by reference to the Offer to Purchase. None of Broadcom, the Dealer Managers or the Tender and Information Agent makes any recommendations as to whether Holders should tender their Notes pursuant to the Offers. Holders must make their own decisions as to whether to tender Notes, and, if so, the principal amount of Notes to tender.

Forward-Looking
Statements

This press release contains forward-looking statements (within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended). These forward-looking statements are based on current expectations and beliefs of Broadcom’s management, current information available to Broadcom’s management, and current market trends and market conditions, and involve risks and uncertainties that may cause actual results to differ materially from those contained in the forward-looking statements. Accordingly, undue reliance should not be placed on such statements. All forward-looking statements are qualified in their entirety by reference to the risk factors discussed under the heading “Risk Factors” in Broadcom’s Annual Report on Form 10-K for the year ended November 2, 2025, Quarterly Reports on Form 10-Q for the periods ended February 1, 2026 and May 3, 2026, and any subsequent reports that are filed with the Securities and Exchange Commission and include some important risk factors that may affect future results. Broadcom undertakes no intent or obligation to publicly update or revise the forward-looking statements made in this press release, except as required by law.

About
Broadcom

Broadcom Inc. (NASDAQ: AVGO) is a technology leader that designs, develops, and supplies semiconductors and infrastructure software for global organizations’ complex, mission-critical needs. Broadcom combines long-term R&D investment with superb execution to deliver the best technology, at scale. Broadcom is a Delaware corporation headquartered in Palo Alto, CA.

Contact

Ji Yoo
Investor Relations
[email protected]
650-427-6000

(AVGO-Q)

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SOURCE Broadcom Inc.

Digital marketing agency recognized by Skai and The Drum for helping brands drive measurable growth through AI, data and consumer insight

Code3-produced creative drove 17.7x more attributed revenue and 10x more views for Elida Beauty’s POND’S, Noxzema, and Caress brands on Amazon

CLEVELAND, June 17, 2026 /PRNewswire/ — Digital marketing agency Code3 has earned two major industry honors, underscoring its leadership at the intersection of artificial intelligence, commerce and performance marketing.

The agency received the Celeste AI Pioneer (Agency) Award from Skai, recognizing innovative applications of AI to improve advertising performance and uncover new growth opportunities.  Code3 was also awarded a Bronze Award in Digital Commerce from The Drum Awards for Marketing for its work helping Elida Beauty connect with multicultural consumers and drive stronger results on Amazon.

“These awards reflect something we’ve believed for a long time: the best marketing happens when technology and human judgement work together,” said Craig Atkinson, CEO of Code3.  “AI can help brands move faster and make smarter decisions, but lasting growth comes from understanding consumers and creating meaningful connections.  We’re proud to help our clients do both.”

The dual recognition highlights Code3’s integrated approach to modern commerce marketing, combining advanced technology, strategic media, creative storytelling, and deep analytics to help brands compete in increasingly complex digital marketplaces.

The Work Behind the Awards

Skai Celeste AI Pioneer Award

Code3 earned this recognition by solving one of the hardest problems in large-scale Amazon advertising: moving from reactive, manual optimization to proactive, AI-powered decision-making across complex multi-client portfolios.

Using Skai’s Celeste AI, Code3 built a repeatable operating model covering five workflows: budget forecasting, cross-business-unit gap analysis, new-to-brand customer acquisition, client reporting, and KPI-driven optimization. Rather than treating AI as a bolt-on, Code3 created a shared prompt library and standardized playbooks so the entire team could replicate results across clients.

Across three clients, Celeste identified $839K in incremental Q4 revenue opportunity and drove a 12–19% increase in new-to-brand sales, customers who had never purchased from these brands before. Reporting that previously required hours of manual data pulls became 25% faster, freeing teams to spend less time building decks and more time acting on what the data was saying.

The Drum Awards for Marketing — Bronze, Digital Commerce

Code3’s work with Elida Beauty started with an insight hiding in plain sight: for millions of multicultural consumers, POND’S, Noxzema, and Caress weren’t legacy brands; they were family rituals. Rather than reposition these products for a new generation, Code3 built creative platforms rooted in the cultural stories consumers were already telling.

The POND’S Beauty Runs Deep campaign, anchored in the generational skincare traditions of Hispanic and Latina households, became the centerpiece of a fully optimized retail content ecosystem spanning Amazon, Walmart, and Target. Code3 led everything from consumer research and creative strategy to production, casting, and platform-ready asset delivery.

Compared to brand-produced video during the same period, Code3’s creative generated 10x more views, 2x more product clicks, and 17.7x more attributed revenue, with Beauty Runs Deep alone accounting for 65% of total campaign sales. Overall, Code3’s content delivered 18x more revenue per video and 77% higher revenue per view.

It proved a principle Code3 believes deeply: heritage isn’t a liability in digital commerce. When told authentically, it’s a competitive advantage.

Helping Brands Navigate the Future of Commerce

As AI reshapes how consumers discover, evaluate, and purchase products, brands face increasing pressure to create marketing strategies that are both data-informed and customer-centric.  Code3’s approach brings together commerce, media and creative expertise to help clients adapt to that changing landscape while delivering measurable business results. Code3 helps answer key strategic questions such as ‘How can AI improve digital advertising and commerce marketing?’ by creating workstreams to better strategize, forecast and track measurable business outcomes.

About Code3

Code3 is an independent digital marketing agency uniting commerce, media, and creative to drive full-funnel growth for modern brands.  Founded in 2010 and fully owned by Graham Holdings Company (NYSE: GHC), Code3 helps brands accelerate growth across today’s most influential platforms.  By combining strategic expertise, advanced technology, and creative excellence, Code3 delivers measurable business outcomes for emerging brands and Fortune 500 companies alike.

Learn more about Code3 and its approach to modern digital marketing at www.code3.com.

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SOURCE Code3

CAESAREA, Israel, June 17, 2026 /PRNewswire/ — IceCure Medical Ltd. (Nasdaq: ICCM) (“IceCure”, “IceCure Medical” or the “Company”), developer of minimally-invasive cryoablation technology that destroys tumors by freezing as an option to surgical tumor removal, today announced that it has entered into securities purchase agreements with a single healthcare focused institutional investor, for the purchase and sale of 1,833,334 ordinary shares (or ordinary share equivalents in lieu thereof), Series D Warrants to purchase up to 1,833,334 ordinary shares (the “Series D Warrants”) and Series E Warrants to purchase up to 1,833,334 ordinary shares (the “Series E Warrants,” and together with the Series D Warrants, the “Warrants”) at a combined purchase price of $3.00 per share and accompanying Warrants in a private placement, priced at a premium to the previous Nasdaq closing price for the Company’s ordinary shares. The gross proceeds from the offering are expected to be approximately $5.5 million, before deducting placement agent commissions and other estimated offering expenses. The Warrants will have an exercise price of $3.00 per share and will be exercisable immediately upon issuance. The Series D Warrants will expire five years following the date of issuance and the Series E Warrants will expire one year following the date of issuance.

The closing of the offering is expected to occur on or about June 18, 2026, subject to the satisfaction of customary closing conditions. The Company currently intends to use the net proceeds from the offering for working capital and other general corporate purposes.

A.G.P./Alliance Global Partners is acting as the sole placement agent for the offering.

The offer and sale of the foregoing securities is being made in reliance on an exemption from the registration requirement under Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), and/or Regulation D promulgated thereunder, and applicable state securities laws, and the securities have not been and will not initially be registered under the Securities Act, or applicable state securities laws. Accordingly, the securities may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act and such applicable state securities laws. Pursuant to the terms of the securities purchase agreement entered into with the investor, the Company has agreed to file a registration statement with the U.S. Securities and Exchange Commission (the “SEC”) covering the resale of the ordinary shares and ordinary shares underlying warrants sold in the offering.

The Company has also agreed, subject to receipt of shareholder approval to the extent required by applicable law and Nasdaq rules, to amend certain Series B and Series C warrants issued to the investor in March 2026 (the “March 2026 Warrants”) to purchase up to an aggregate of 266,666 ordinary shares. Upon obtaining such shareholder approval, the exercise price of the March 2026 Warrants will be reduced from $16.50 per share, to $3.00 per share. The Series B Warrants will expire in June 2031 and the Series C Warrants will expire in June 2027.  

This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities being offered, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About IceCure Medical

IceCure Medical (Nasdaq: ICCM) develops and markets advanced liquid-nitrogen-based cryoablation therapy systems for the destruction of tumors (benign and cancerous) by freezing, with the primary focus areas being breast, kidney, bone and lung cancer. Its minimally invasive technology is a safe and effective option to surgical tumor removal that is easily performed in a relatively short procedure. The Company’s flagship ProSense® system is marketed and sold worldwide for the indications cleared and approved to date including in the U.S., Europe and Asia.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. For example, IceCure is using forward looking statements in this press release when it discusses: the anticipated proceeds from the offering, the closing of the offering and the anticipated amendment of the March 2026 Warrants, including the receipt of any required shareholder approvals relating thereto. Historical results of scientific research and clinical and preclinical trials do not guarantee that the conclusions of future research or trials will suggest identical or even similar conclusions. Important factors that could cause actual results, developments and business decisions to differ materially from those anticipated in these forward-looking statements include, among others: the Company’s planned level of revenues and capital expenditures; the Company’s available cash and its ability to obtain additional funding; the Company’s ability to market and sell its products; legal and regulatory developments in the United States and other countries; the Company’s ability to maintain its relationships with suppliers, distributors and other partners; the Company’s ability to maintain or protect the validity of its patents and other intellectual property; the Company’s ability to expose and educate medical professionals about its products; political, economic and military instability in the Middle East, specifically in Israel; as well as those factors set forth in the Risk Factors section of the Company’s Annual Report on Form 20-F for the year ended December 31, 2025 filed with the United States Securities and Exchange Commission (“SEC”) on March 17, 2026, and other documents filed with or furnished to the SEC which are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

IR Contact:

E-mail: [email protected]
Meir Peleg, CFO

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SOURCE IceCure Medical

GREENBURG, Pa., June 17, 2026 /PRNewswire/ — FirstEnergy Pennsylvania Electric Company (FE PA) – a FirstEnergy Corp. (NYSE: FE) company known locally as Penn Power, Penelec, Met-Ed and West Penn Power – is preparing for another round of severe weather expected to move through the state Wednesday night and Thursday, marking the fourth significant storm system in the past 12 days.

FE PA is closely monitoring forecasted conditions as the system develops. While projections may vary, strong wind gusts — potentially reaching up to 65 mph in some areas — remain the primary concern, with the potential to bring down trees and send branches and debris into power lines.

To support restoration efforts and respond quickly to potential outages, the company will mobilize a substantial workforce, including additional lineworkers and support personnel, as well as forestry crews and hazard and damage assessment teams. These resources will join FE PA employees already prepared to support 24/7 restoration efforts.

John Hawkins, FirstEnergy President, Pennsylvania: “This has been an extraordinary stretch of severe weather, and we are fully mobilized to meet whatever this next system brings. All hands are on deck, and additional resources are in place so that we can respond to damage quickly, assess conditions in real time and restore power as safely and efficiently as possible.”

Prepared for Ongoing Complex Storm Impacts

The past two weeks have been highly unusual, with multiple major storm systems moving through our service area since early June, including 14 confirmed tornadoes, according to the National Weather Service. Combined with repeated rounds of heavy rain, high winds and lightning, these conditions have created widespread, complex damage that requires careful, time-intensive restoration work.

To help manage this latest system safely and efficiently, FE PA has activated its incident command structure so teams across the service area can coordinate restoration work, equipment needs and field support as conditions change.

FE PA takes a proactive, year-round approach to maintaining a reliable electric system, especially during extreme weather. This includes ongoing tree trimming to keep vegetation away from power lines and reduce outages, investing in major system upgrades to strengthen the grid, and conducting routine aerial inspections to identify and address potential issues before they affect service.

Through its Energize365 initiative, FE PA plans to invest approximately $13 billion between 2026 and 2030 to build a smarter, more resilient grid that meets the evolving needs of communities across its service area and withstands increasingly severe storms.

Customer Safety and Preparedness Tips

FE PA encourages customers to stay weather-aware, have a plan in place and put safety first as storms move through the area:

• Stay at least 30 feet away from downed power lines; call 911 immediately.
• Secure loose outdoor items, including garbage cans, furniture and trampolines.
• Charge phones and essential devices.
• Keep flashlights, batteries and a radio ready.
• Store water if you rely on a well pump.
• Have no-cook foods on hand.
• Steer clear of trees and utility poles during high winds.

How to Report an Outage

If you lose power during the upcoming storm, report your outage:

• Call 1-888-LIGHTSS (1-888-544-4877)
• Text OUT to LIGHTS (544487)
• Online at firstenergycorp.com/outages

Get Outage Updates

• Text REG to 544487 to sign up for outage alerts. Once enrolled, text STAT to 544487 for updates.
• Log into your online account.
• View outage maps at firstenergycorp.com/outages.

Met-Ed serves approximately 592,000 customers within 3,300 square miles of eastern and southeastern Pennsylvania. Follow Met-Ed on Facebook at facebook.com/MetEdElectric.

Penelec serves approximately 597,000 customers within 17,600 square miles of northern and central Pennsylvania and western New York. Follow Penelec on Facebook at facebook.com/PenelecElectric.

Penn Power serves approximately 173,000 customers in all or parts of Allegheny, Beaver, Butler, Crawford, Lawrence and Mercer counties in western Pennsylvania. Follow Penn Power on Facebook at facebook.com/PennPower, and online at pennpower.com.

West Penn Power serves approximately 746,000 customers in 24 counties within central and southwestern Pennsylvania. Follow West Penn on Facebook at facebook.com/WestPennPower.

FirstEnergy is dedicated to integrity, safety, reliability and operational excellence. Its electric distribution companies form one of the nation’s largest investor-owned electric systems, serving more than 6 million customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. FirstEnergy’s transmission subsidiaries operate more than 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions. Follow FirstEnergy online at www.firstenergycorp.com and on X @FirstEnergyCorp.

View original content to download multimedia:https://www.prnewswire.com/news-releases/firstenergy-pennsylvania-crews-preparing-for-fourth-round-of-severe-storms-302803412.html

SOURCE FirstEnergy Corp.

FN Media Group Presents Oilprice.com Market Commentary

NEW YORK, June 17, 2026 /PRNewswire/ — If you’ve been following in the AI boom, you probably are aware of the same names everyone else is. NVIDIA for the chips. Microsoft, Google and Amazon for the cloud. Maybe Meta for the consumer side. Maybe Palantir or one of the AI software names. Possibly TSMC for exposure to the manufacturing layer. And that awareness has worked well for many. NVIDIA alone has minted more wealth in two years than most companies create in a century. The hyperscalers have all hit fresh highs. AI software stocks that were speculative bets in 2022 now trade at premium multiples.  Companies mentioned in today’s commentary includes:  Bitzero Holdings Inc. (AIBZ), Amazon.com, Inc. (NASDAQ: AMZN), Alphabet Inc. (NASDAQ: GOOGL), ASML Holding N.V. (NASDAQ: ASML), Arm Holdings plc (NASDAQ: ARM), Super Micro Computer, Inc. (NASDAQ: SMCI).

But everyone interested in this industry should be asking the same question right now. With most of these names sitting at or near all-time highs, where does the next leg of returns come from? The answer won’t come from the obvious places. The chip makers, the cloud providers and the software creators have already gotten a ton of attention. To find the kind of returns that actually move the needle in 2026, you have to look one layer beneath the names everyone is talking about. You have to look at what makes all of it possible.

One company well positioned for what’s coming is one most people have never heard of. It’s called Bitzero Holdings, Inc. (AIBZ), and to understand why it matters, you need to understand the bottleneck nobody is talking about yet. 

The Question Wall Street Forgot to Ask
Every company in the AI economy depends on one thing. NVIDIA’s chips are useless without it. Microsoft’s data centers are concrete shells without it. Google’s models can’t train without it. The entire industry runs on one input that almost nobody talks about. Electricity. And there isn’t enough of it.

A single ChatGPT query consumes roughly 10 times the energy of a Google search. Training the next generation of large language models requires the equivalent power draw of small cities. Industry forecasts now put AI data center capital expenditure at roughly $5.2 trillion between now and 2030. Goldman Sachs Research projects global data center power demand will surge up to 165% by 2030 compared to 2023 levels.

The Hyperscalers Already Know
If you want confirmation that power is the real constraint, look at what the smart money is doing. Microsoft signed a 20-year deal to restart the Three Mile Island nuclear plant, a facility that has been offline since 2019, specifically to feed its AI ambitions. Amazon paid $650 million for a data center campus directly co-located with the Susquehanna nuclear station in Pennsylvania. Google announced agreements with Kairos Power for small modular reactors.

These are not the moves of companies that think power will sort itself out. They are willing to commit billions and wait years to lock in scarce, secured, low-carbon electricity because they know that power is the binding constraint on their entire AI strategy. 

The Standout Play in a Closed Market

Bitzero Holdings, Inc. (

AIBZ

) is one of the very few companies that locked in Nordic power capacity ahead of the surge. The story of how it did so explains why this stock is one of the rare chances to own real AI infrastructure before Wall Street catches on.

Bitzero controls more than 1 gigawatt of secured, low-cost power capacity across four strategic sites in Norway, Finland and the United States. That capacity is permitted, contracted and in many cases already operational. The largest single block of that capacity, the 110 megawatts at the company’s Norwegian flagship, is now under a binding 15-year lease worth approximately $2.6 billion. More on that in a moment. 

The crown jewel is the company’s Norwegian flagship at Namsskogan, where Bitzero operates as a licensed grid operator at the 132 KV level. That’s an unusual position. It is also an extraordinarily valuable one.

Most data center operators connect at 22 KV through a utility, paying middleman fees and waiting on utility timelines. Bitzero connects directly to the high-voltage grid and works directly with hydroelectric power plants, bypassing the middlemen and multi-year utility wait that hold most projects back. 

The financial impact is dramatic. Bitzero’s all-in power cost at its Norway facility, including grid fees, taxes and every other charge, currently sits at 3-4 cents per kilowatt-hour. The US average is closer to 12 cents. American data center operators competing for AI workloads are paying three to four times what Bitzero pays for the same electron.

The Deals That Changed What This Company Is
Three months ago, Bitzero looked like a small Bitcoin miner with an unusually good power position. Today it looks like something different entirely. The transformation comes down to four announcements, all landing inside a single rolling window. 

The biggest by far is OneQode. On May 5, 2026, Bitzero signed a binding letter with OneQode Networks Pte. Ltd. for a 15-year lease of the full 110 megawatts at its Namsskogan, Norway site. Total contracted revenue runs approximately $2.6 billion, with implied annual revenue of $178 million at full capacity and a net operating margin of 85%. The tenant is deploying GPU clusters for enterprise AI, large language model training and sovereign AI workloads. Commissioning is targeted for the first half of 2027, with the lease then running through 2042 at minimum. The buildout to convert the site to HPC-grade specifications runs roughly $1.1 billion, with debt financing in late-stage negotiation. The deal is subject to definitive documentation, which management has indicated could close within the next 60 to 90 days.

On a per-megawatt basis, the OneQode deal lines up with the comparable HPC leases driving the multi-billion dollar valuations of larger peers. TeraWulf sits on $12.8 billion in contracted HPC revenue. Hut 8 signed a $7 billion, 15-year lease with Fluidstack for 245 megawatts. Core Scientific signed a $10.2 billion deal with CoreWeave across roughly 500 megawatts. Each of those announcements rerated the company’s stock substantially.

The other three announcements build on the OneQode foundation. In January 2026, Bitzero announced that it had retained CBRE as the strategic broker for its 200-megawatt Finland site. CBRE is not a small player. The firm manages roughly $6 billion in annual data center transaction value and has direct, active relationships with every hyperscaler on earth. In the same month, Bitzero announced a partnership with Hydra Host, a top-10 NVIDIA Cloud Partner backed by Founders Fund.  Hydra Host operates GPU clusters across more than 50 locations worldwide and brings Bitzero’s compute capacity to a global enterprise customer base through its Brokkr platform. A few days later, Bitzero acquired its first eight NVIDIA Blackwell B300 servers (64 GPUs total) for deployment at the Norway site, marking the company’s first direct entry into AI compute revenue.

Already Profitable…And Just Getting Started
The part that separates Bitzero from most early-stage infrastructure plays is simple. The company is not burning capital while it waits for AI deals to close. It is generating revenue today. Bitzero mines Bitcoin at its Norway site at a blended power cost of approximately $0.03 to $0.035 per kWh. The all-in cost to mine one Bitcoin sits around $50,000, roughly half the industry average of $100,000. The company’s hashrate has grown steadily from 0.4 EH/s in early 2024 to 1.08 EH/s by January 2025 to roughly 2.80 EH/s today, a 7x increase in two years. At current network conditions that’s around 1.1 Bitcoin per day in production.

That revenue funds operations and demonstrates infrastructure reliability under sustained, real-world high-load conditions. AI customers want to see exactly that before signing multi-year hosting agreements.The 110 megawatts at Namsskogan are now committed to OneQode under the 15-year lease, with HPC commissioning targeted for the first half of 2027. The growth runway extends well beyond that initial block. Bitzero has a clear path to approximately 325 megawatts at the same site by late 2027, with the largest infrastructure components, including a Siemens GIS breaker with 200 megawatt capacity, already paid for and installed. Whatever capacity does not flow to OneQode in later phases becomes available for either additional HPC tenants or expanded mining.

Other companies to keep an eye on: 

Amazon.com, Inc. (NASDAQ: AMZN) may be making the most aggressive single bet on AI infrastructure of any company on this list. The company announced $200 billion in capital expenditures for 2026, the bulk of it aimed at AWS data centers — up from $96.5 billion spent in 2025 and $83 billion in 2024. CEO Andy Jassy told investors that all new AWS capacity sells out immediately, with demand limited by supply factors like energy and hardware, not customer appetite.

Q1 FY2026 results reinforced that narrative. AWS grew 28%, its fastest clip in 15 quarters, on a very large base. Amazon’s custom chip business — Trainium — crossed a $20 billion annualized revenue run rate, growing triple digits year over year.

Alphabet Inc. (NASDAQ: GOOGL) is approaching the AI data center race from a position of unusual strategic depth. Unlike its hyperscaler peers, Google designs and manufactures its own AI chips — Tensor Processing Units — giving it a degree of supply chain independence that Microsoft and Amazon lack. That vertical integration is showing up in the numbers: the company reduced Gemini serving unit costs by 78% over 2025 through model optimizations and efficiency improvements.

The spending commitment is massive either way. Alphabet guided 2026 capital expenditures to between $180 billion and $190 billion — more than double its 2025 figure — with CFO Anat Ashkenazi flagging that 2027 capex is expected to “significantly increase” from there.

ASML Holding N.V. (NASDAQ: ASML) is the only company in the world that makes extreme ultraviolet lithography machines — the equipment required to print every leading-edge AI chip. There is no alternative supplier. Q1 2026 net sales reached €8.8 billion, up 13% year over year, at a 53% gross margin that is exceptional for capital equipment manufacturing. The company raised its full-year 2026 revenue guidance to €36 to €40 billion from a prior range of €34 to €39 billion, citing AI-driven demand that CEO Christophe Fouquet said is pushing chip demand well beyond current supply.

The China headwind is real and worth flagging. System sales to China fell to 19% of total in Q1 2026, down from 36% in Q4 2025, as export controls progressively restrict what ASML can sell there. The pre-buying cycle for lower-end DUV machines has run its course, and EUV has never been permitted for Chinese customers. A

Arm Holdings plc (NASDAQ: ARM) doesn’t make chips. It designs the instruction set architectures that most of the world’s chips are built on — and then collects royalties every time one of those chips ships. Every AWS Graviton processor, every Apple M-series chip, every NVIDIA Vera CPU runs on Arm architecture. Q4 FY2026 revenue hit $1.49 billion, up 20% year over year, with data center royalties more than doubling year over year for the second consecutive quarter.

The data center story for Arm is that its architecture is now winning the hyperscaler CPU market at scale. Arm-based CPUs hold approximately 50% market share among the top hyperscalers — AWS Graviton and Trainium, Google Axion and TPUs, Microsoft Cobalt, NVIDIA’s Vera CPU — all run on Arm.

Super Micro Computer, Inc. (NASDAQ: SMCI) designs and manufactures the high-performance servers and rack-scale systems that sit inside AI data centers, competing directly with Dell in the GPU server market. The company pioneered the direct liquid cooling rack solutions that are now industry standard for high-density AI workloads, and it counts NVIDIA as a core supply chain partner.

The company has had a turbulent period from a governance standpoint. Super Micro faced an accounting investigation and delayed several financial filings in 2024 and 2025, which rattled the industry even as the underlying server business continued to grow.

By. Tom Kool

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