Why TeraWulf Stock Soared Again Today

The massive investments in AI data centers continue. Shares of TeraWulf (WULF 4.57%) jumped Monday, finishing the day up 4.6%. The spike comes as the S&P 500 and Nasdaq Composite were little changed. TeraWulf, a Bitcoin miner and high-performance computing (HPC) data center company, announced that Alphabet's Google has committed to providing an additional $1.4 billion in backstop after announcing it would guarantee $1.8 billion last week. AI Data center building is white hot There is a gap between the amoun ...