11 Trending AI Stocks on Latest News and Ratings

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6. TeraWulf Inc. (NASDAQ:WULF)

Number of Hedge Fund Holders: 35

TeraWulf Inc. (NASDAQ:WULF) is a Bitcoin mining firm that operates eco-friendly data centers fueled by renewable energy, with a focus on Bitcoin mining and growing its high-performance computing and AI infrastructure.

Cantor Fitzgerald believes TeraWulf’s AI/HPC (NASDAQ:WULF) growth is just beginning after the company secured a long-term data center lease with Core42 for a 60 MW IT load at the Lake Mariner facility. The deal includes a 10-year term with potential expansions, offering strong revenue prospects. The agreement’s terms, such as a 3% annual revenue increase and upfront payments, suggest financial stability and high margins. Analyst Brett Knoblauch maintained a Buy rating and $11 price target, seeing this as the first of many deals to drive future growth and potential share price increases.

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