The company serves enterprise customers in the AI, machine learning, and cryptocurrency mining sectors, targeting organizations with intensive computing and data processing needs.It operates a business model focused on designing, constructing, and managing data centers that support critical workloads for AI and HPC applications, monetizing capacity through hosting and cloud service contracts.Applied Digital provides digital infrastructure solutions, including high-performance computing (HPC) hosting, cloud ...

Core View - Core Scientific Inc. (NASDAQ:CORZ) is recognized as one of the best performing new tech stocks to buy, with a price target raised to $25 from $19 by Keefe Bruyette, reflecting a positive outlook ahead of the Q4 2025 report [1] - The company is transitioning from bitcoin mining to high-performance computing (HPC) leasing, although its shares are still largely valued based on existing CoreWeave leases [1] Analyst Upgrades - BTIG analyst Gregory Lewis upgraded Core Scientific from Neutral to Buy with a price target of $23, following the rejection of its merger with CoreWeave [2] - Lewis noted that Core Scientific has been one of the worst-performing stocks among those with contracts to convert power infrastructure from crypto mining to HPC, but expects the company to secure additional HPC colocation contracts by 2026 [3] Company Operations - Core Scientific provides digital asset mining services in the US, operating through three segments: Digital Asset Self-Mining, Digital Asset Hosted Mining, and HPC Hosting [4]

One of the more surprising moves in the cloud industry has come from Oracle (NYSE: ORCL). The company built its reputation as the leader in relational databases, but it breathed new life into its business when it discovered that its IT infrastructure positioned it to succeed in the cloud business. With that, it has developed a niche for high-performance computing workloads, a competitive advantage that could help it steal market share in 2026, and here's how. Where to invest $1,000 right now? Our analyst ...

NEW YORK, Jan. 26, 2026 /PRNewswire/ -- WhiteFiber, Inc. (Nasdaq: WYFI) ("WhiteFiber" or the "Company"), a provider purpose-built for artificial intelligence ("AI") infrastructure and high-performance computing ("HPC") solutions, today announced the closing of its previously announced private placement (the "offering") of $230.0 million aggregate principal amount of 4.500% Convertible Senior Notes due 2031 (the "notes"), including the exercise in full of the initial purchasers' option to purchase an additi ...

Group 1 - The three major indices opened higher on January 23, with the semiconductor sector showing slight gains, as the Shanghai Stock Exchange's Sci-Tech Innovation Board semiconductor design index rose by 0.13% [1] - Notable stocks in the semiconductor sector included Ruichuang Micro-Nano, which surged over 15%, along with Yutai Micro-U, Jiehuate, and Baiwei Storage, which also saw significant increases [1] - The Tianhong Sci-Tech Semiconductor Design ETF (589070) officially listed on the Shanghai Stock Exchange today, with a trading volume of 607 million shares, and it has a 20% price fluctuation limit [1] Group 2 - The Tianhong ETF closely tracks the Shanghai Stock Exchange's Sci-Tech Innovation Board semiconductor design index, focusing on core areas of chip design, with nearly 95% industry concentration and featuring 50 leading companies in the semiconductor field [1] - A breakthrough research achievement from Fudan University was published in Nature, introducing a multi-layer stacked architecture for large-scale integrated circuits within elastic polymer fibers, termed "fiber chips" [1] - According to CITIC Securities, by 2026, the development of computing power is expected to have high certainty, with super-node technology reaching a pivotal opportunity, and the competitiveness of domestic computing power manufacturers is anticipated to improve, presenting investment opportunities in domestic computing power chips and system-level manufacturers [1] Group 3 - Ping An Securities noted that the rapid growth of artificial intelligence is driving the fast expansion of high-performance computing (HPC), leading to strong demand for computing power, storage chips, and other peripheral chips [2] - The market for computing power chips, which are essential for AI infrastructure, is robust, and domestic manufacturers of computing power chips have considerable growth potential; the storage market is tight, with prices continuing to rise, benefiting related manufacturers [2] - Domestic wafer fabs, including those for logic and storage, are experiencing tight supply, indicating significant expansion potential for related wafer manufacturers [2]

You may get Applied Digital Securities and Exchange Commission filings for free by visiting the SEC website at www.sec.gov. Lastly, I'd like to remind everyone that this call is being recorded and will be made available for replay via link in the Investor Relations section of Applied Digital's website. Now I'd like to turn the call over to Applied Digital's Chairman and CEO, Wes Cummins. Wes?We disclaim any obligation or undertaking to update forward-looking statements to reflect circumstances or events tha ...

Core Insights - Riot Platforms has seen a significant stock price increase of approximately 40% since the beginning of 2025, indicating a strong turnaround narrative in the market [2][5] - The company has reported substantial financial improvements, achieving record revenue of $180.2 million in Q3 2025, more than double the $84.8 million from the same quarter the previous year, with a net income of $104.5 million compared to a loss a year earlier [6] - Riot is diversifying its business model beyond Bitcoin mining by leveraging its power portfolio and land assets in Texas to develop large-scale data centers for artificial intelligence and high-performance computing [7] Financial Performance - In Q3 2025, Riot produced 1,406 BTC and achieved an adjusted EBITDA of $197.2 million, showcasing operational scale and efficiency advancements [6] - The company holds approximately 19,287 BTC on its balance sheet, valued at around $2.2 billion, positioning it with one of the strongest Bitcoin treasury positions in the mining industry [6] Strategic Developments - Riot's strategic pivot towards AI and high-performance computing data centers represents a potential new revenue stream, distinct from its traditional Bitcoin mining operations [7] - The introduction of 112 MW of core and shell capacity at Riot's Corsicana campus aims to attract hyperscalers and cloud infrastructure clients, indicating a shift in business focus [7] Market Dynamics - The company's performance remains closely tied to Bitcoin prices, with higher BTC valuations enhancing revenue from mined bitcoins and the value of inventory [8] - Riot's hash rate has significantly increased year-over-year, solidifying its production capacity and long-term revenue prospects [8] Future Outlook - The future trajectory of Riot's stock will depend on developments in data center leases and collaborations with AI/cloud corporations, which could lead to a re-rating of the company's valuation multiples [9] - Macroeconomic conditions and the state of the Bitcoin market will continue to influence stock sentiment, with potential risks from declines in BTC prices or spikes in electricity costs [10] - Riot's elevated capital expenditures for infrastructure development may require patience before substantial data center revenues are realized, but the recovery in Bitcoin mining profits and strong treasury holdings support a positive outlook [11]

NEW YORK, Jan. 21, 2026 /PRNewswire/ -- WhiteFiber, Inc. (Nasdaq: WYFI) ("WhiteFiber" or the "Company"), a provider of artificial intelligence ("AI") infrastructure and high-performance computing ("HPC") solutions, today announced that it intends to offer, subject to market conditions and other factors, $200.0 million principal amount of Convertible Senior Notes due 2031 (the "notes") in a private placement (the "offering") to persons reasonably believed to be qualified institutional buyers pursuant to Rul ...

Core Insights - Cipher Mining has transitioned from being solely a Bitcoin mining company to focusing on high-performance computing (HPC) as of late 2024, although it still relies on Bitcoin mining for revenue currently [1] - The company earned $164.2 million from Bitcoin mining in the first three quarters of 2025, indicating its current financial dependence on this sector [1] Group 1: Business Strategy and Contracts - Cipher Mining has secured significant contracts in the HPC space, differentiating itself from other mining companies that have also pivoted towards AI and HPC data centers [3] - In September 2025, Cipher entered a 10-year HPC colocation agreement with Fluidstack valued at approximately $3 billion, with potential extensions bringing the total to around $7 billion [4] - In November 2025, Cipher signed a 15-year lease agreement with Amazon Web Services (AWS) for AI workloads, worth approximately $5.5 billion [5] Group 2: Financial Performance and Market Position - Cipher's stock has increased by 255% over the past year, trading at 32 times trailing sales as of January 12, indicating a high valuation despite potential rapid sales growth in 2026 [5] - The agreements with Fluidstack and AWS could generate hundreds of millions of dollars in annual revenue for Cipher, highlighting its growth potential in the rising demand for AI infrastructure [6]

Core Insights - TSMC reported strong fourth-quarter earnings, with revenue of $33.73 billion, a 25.5% year-over-year increase, and earnings per share rising 35% [1][2] - The company raised its capital expenditure budget, indicating confidence in sustained demand for AI chips [2][11] - TSMC's results confirm the ongoing strength of the AI semiconductor cycle, particularly in advanced nodes where capacity is tight [3][11] Financial Performance - TSMC's gross margins expanded to 62.3%, reflecting robust profitability [1] - Earnings per share are projected to grow at an annualized rate of 33.4% over the next three to five years, with revenue expected to increase by 34.5% this year and 23.6% next year [9][10] Industry Implications - Upstream equipment suppliers like ASML and Lam Research are positioned to benefit from TSMC's increased capital spending [4][8] - Lam Research shares surged over 6% following TSMC's earnings release, with a projected annual profit growth of 18.1% [6] - ASML also saw a strong market reaction, with shares rising more than 6% and long-term earnings growth forecast at 22.2% [7] Investment Considerations - TSMC's valuation at approximately 25.7x forward earnings appears reasonable given its growth profile and the broader AI ecosystem [10] - Investors can choose between direct exposure to TSMC or leveraged exposure through ASML and Lam Research, both of which are integral to the AI semiconductor buildout [12]