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IREN reported a $684 million net loss driven primarily by $450 million in Bitcoin miner write-downs as it transitions power capacity to AI cloud infrastructure. The company holds $4 billion in contra…
Riot Platforms surged 17% after securing a 20-year, $9.1B Anthropic AI data center lease, pivoting from Bitcoin mining to AI infrastructure. Analysts raised price targets despite a $237M quarterly lo…
Anthropic signed a $9.1B, 20-year deal with bitcoin miner Riot Platforms for 191MW of AI data center capacity, boosting Riot's total AI revenue to $9.8B. AMD and Nvidia-backed ventures also feature i…
Bernstein reiterated a Buy rating on TeraWulf (WULF) with a $36 target after strong Q2 results showed AI data center revenue surging, validating its pivot from Bitcoin mining to AI infrastructure.
Cramer touts Keel Infrastructure (ex-Bitfarms), citing a hedge fund's 188% stake increase and BTIG's Buy rating with $8 target, though the AI data center firm still lacks a hyperscale contract.
AI infrastructure stocks (IREN, APLD, WULF, CORZ) rebounded sharply after a brutal month-long selloff, driven by technical bounce and strong revenue growth tied to hyperscaler capex and NVIDIA/CoreWe…
HIVE Digital Technologies showcased research demonstrating that older Nvidia A40 GPUs perform competitively for AI workloads. While HIVE’s infrastructure expansion is bullish for its own growth, the …
Bernstein analysts initiated coverage on Bitcoin miners TeraWulf and Cipher Digital with outperform ratings, identifying them as key AI infrastructure providers. The firm highlights their critical gr…