B. Riley issued a set of crypto and high-performance computing (HPC) notes on Monday, raising the price targets on four Bitcoin (BTC) miners shifting to AI infrastructure, while slashing the target of a pure crypto player.Analyst Nick Giles increased price targets on Hut 8 (HUT) to $163 from $130…
Shares of six companies at the center of bitcoin miners’ push into AI data centers surged Thursday amid reports that Leopold Aschenbrenner’s Situational Awareness — an investor in all six as of March 31 — had liquidated its public-stock portfolio.As of about midday, IREN (IREN) led the gains, risin…
Advanced Micro Devices NASDAQ:AMD, a semiconductor company producing processors and AI accelerators, fell approximately 5.7% in Wednesday's regular-session trading as investors assessed a broader AI-chip selloff alongside its new infrastructure partnership. Reuters reported that semiconductor stock…
Explore more price target data and ratings for Core Scientific, Inc. on the Forecasts tab, and track all previous and future analyst recommendations for Core Scientific, Inc. in the dedicated News Flow.Select reference data provided by FactSet. Copyright © 2026 FactSet Research Systems Inc. This in…
Advanced Micro Devices NASDAQ:AMD, a semiconductor company developing processors and AI computing products, fell approximately 4% in premarket trading after signing an agreement with Core Scientific NASDAQ:CORZ, a data-center operator moving from cryptocurrency mining into AI and high-performance c…
Digital infrastructure company Core Scientific more than doubled its second-quarter revenue as rapid growth in its artificial intelligence and high-performance computing (HPC) colocation business continued to reshape its earnings profile following its pivot beyond Bitcoin mining.The company reporte…
Core Scientific and AMD have agreed on a partnership under which the chipmaker will secure more than 500 megawatts of U.S. data-center capacity starting in 2027, with the ability to scale up to 2.5 gigawatts, the companies announced Tuesday.The agreement covers collaboration on physical infrastruct…
Core Scientific, Inc. reported second-quarter 2026 results with revenue rising to $164.2M, driven by a rapid shift into high-density colocation, while the company posted a wider net loss and more negative diluted EPS versus the prior-year quarter.Financial HighlightsBusiness HighlightsOriginal SEC…
Core Scientific's (CORZ) AI colocation deal with CoreWeave generates a five-year average return on assets of 75% and a yield on cost of 79%, but the economics behind those numbers are not the sector norm, Bernstein said in a Wednesday note.Analysts at the brokerage and research firm led by Madison…
