Cantor's AI Infra Weekly Recap

研报英文原文证据摘录

Cantor's AI Infra Weekly Recap

AI Infrastructure

EQUITY RESEARCH Industry Report

June 7, 2026

Research Analysts:

The large market sell-off on Friday put an end to what was a several-week winning Brett Knoblauch, CFA

212-610-2221 streak. Friday's weakness was driven by a strong US jobs report (and upwards revisions

Brett.Knoblauch@cantor.com to past reports), which sent bond yields higher, as well as some concern surrounding

Gareth Gacetta valuations of AI-related companies. The average company in our AI infra sector

212-915-1251

finished the week down 9% (vs SPY down 2.5%), which effectively erased gains from Gareth.Gacetta@cantor.com

the prior week. Nathan Frankovitz

929-706-2050

Nathan.Frankovitz@cantor.com Upcoming Events

●6/8 - 6/9: Analyst marketing in San Francisco

●6/9: NBIS AI Expert Forum in San Francisco

●6/22: Investor Dinner with HUT management

●6/24: Investor Dinner with CRWV management

NY Data Center Moratorium. The New York State Assembly voted on and passed

a one-year data center moratorium. The legislation, sponsored by Senator Kristen

Gonzalez and Assembly member, Didi Barret, who is chair of the energy committee,

would give the state time to properly put in place rules and procedures to help protect

the grid and limit any potential price increase to consumers. This would be the first

state-wide ban, as so far we have only seen counties put in place moratoriums. For this

to go into effect, Governor Kathy Hochul would need to sign it into law, but our read

is that current expectations are that this bill would be struck down by the Governor.

HIVE (Earnings Recap). HIVE reported 4Q26 results on 6/2. The highlight of the

print was management's increased focus on AI/HPC. It is no longer looking to grow