T1 Energy, HIVE Digital climb after ex-OpenAI employee's fund discloses stake

Riot Platforms

18/05/2026 16:04

** 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

 (Reporting by Shashwat Chauhan in Bengaluru)

 ((Shashwat.Chauhan@thomsonreuters.com))