The Great Neocloud Meltdown πŸ“‰ AI Infrastructure Stocks Crushed

AfraSimon
10-15 19:03

The AI infrastructure trade is taking a beating.

From neocloud providers and data center operators to Bitcoin miners pivoting toward AI compute, drawdowns have reached 50%–86% from highs across much of the sector.

πŸ”» Down More Than 70%

$Soluna Holdings, Inc.(SLNH)$ : -85.99%
$BOOST RUN INC(BRUN)$ : -77.02%
$Bit Digital, Inc.(BTBT)$ : -76.26%
$Bitzero Holdings Inc.(AIBZ)$ : -73.76%
$WhiteFiber, Inc.(WYFI)$ : -72.84%
$Bitdeer Technologies Group(BTDR)$ : -70.58%
$Digi Power X Inc.(DGXX)$ : -70.54%

πŸ“‰ Down 60%–70%

$HIVE Digital Technologies Ltd(HIVE)$ : -68.36%
$SharonAI Holdings Inc.(SHAZ)$ : -68.11%
$Cipher Mining Inc.(CIFR)$ : -67.02%
$MARA Holdings(MARA)$ : -64.90%
$New Era Helium Inc(NUAI)$ : -63.92%
$TeraWulf Inc.(WULF)$ : -61.33%
$Galaxy Digital Holdings Ltd.(GLXY)$ : -60.95%
$CleanSpark, Inc.(CLSK)$ : -60.91%
$IREN Ltd(IREN)$ : -60.24%

⚠️ Down 50%–60%

$APPLIED DIGITAL CORP(APLD)$ : -59.90%
$Oracle(ORCL)$ : -59.52%
$CoreWeave, Inc.(CRWV)$ : -56.26%
$Core Scientific, Inc.(CORZ)$ : -55.65%
$Riot Platforms(RIOT)$ : -50.20%

πŸ“Š Other Major Drawdowns

$Hut 8 Mining Corp(HUT)$ : -46.83%
$VNET Group(VNET)$ : -68.99%
$GDS Holdings Ltd(GDS)$ : -46.79%
$NEBIUS(NBIS)$ : -37.97%

The AI infrastructure story may still have years to run, but these drawdowns show how brutal the market can be when expectations, capital spending, and valuations collide.

AI demand doesn't automatically translate into shareholder returns.


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