We propose a class of exactly solvable anisotropic tight-binding models on
an infinite-dimensional hypercube. The energy spectrum is computed analytic
ally and is shown to be fractal and/or absolutely continuous according to t
he value of the hopping parameters. In both cases, the spectral and diffusi
on exponents are derived. The main result is that, even if the spectrum is
absolutely continuous, the diffusion exponent for the wave packet may be an
ything between 0 and 1 depending upon the class of models.