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TeraWulf's Bold Moves Transform It Into Top US Data Center Player
Benzinga· 2025-08-22 18:41
As the tech industry continues to evolve, companies like TeraWulf Inc. WULF are strategically positioning themselves to capitalize on emerging opportunities in high-performance computing. This shift is drawing significant attention from investors eager to participate in the expansion of data center capabilities.TeraWulf shares are trading slightly higher on Friday after the company announced in a regulatory filing on Wednesday that it had completed its previously announced $850 million private offering of c ...
TeraWulf Announces Fluidstack Expansion with 160 MW CB-5 Lease at Lake Mariner
Globenewswire· 2025-08-18 11:00
Represents $6.7 Billion in Contracted Revenue, with Potential to Reach $16 Billion with Lease Extensions Total Contracted Capacity Increases to Over 360 MW of Critical IT Load TeraWulf and Fluidstack Engaged in Discussions Regarding Additional Capacity EASTON, Md., Aug. 18, 2025 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) ("TeraWulf" or the "Company"), a leading owner and operator of vertically integrated, predominantly zero-carbon digital infrastructure, today announced that Fluidstack, a premier AI c ...
Quantum Computing Inc. to Host Second Quarter 2025 Shareholder Call on Thursday, August 14, 2025
Prnewswire· 2025-08-11 12:30
HOBOKEN, N.J., Aug. 11, 2025 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), an innovative, integrated photonics and quantum optics technology company, today announced that the Company will host a conference call and webcast on Thursday, August 14, 2025 at 4:30 p.m. Eastern Time to review the Company's operational progress for the second quarter ended June 30, 2025. The Company will release its second quarter 2025 financial results that day after the market closes. To access ...
Banking giant just identified Nvidia's competitor to watch out for
Finbold· 2025-05-20 13:32
Group 1 - Citi has identified Advanced Micro Devices (AMD) as better positioned to challenge Nvidia following strategic developments, maintaining a 'Neutral' rating with a price target of $100, indicating a 12.9% downside from the current price of $114.74 [1] - AMD's restructured acquisition of ZT Systems is seen as a critical move to enhance long-term competitiveness against Nvidia, with the acquisition now valued at $3 billion after divesting manufacturing operations [2] - The cost to retain ZT's engineering team is estimated at $1.6 billion, allowing AMD to focus on R&D and engineering talent, which is crucial for competing in the AI and high-performance computing landscape [3] Group 2 - Wells Fargo has reiterated an 'Overweight' rating on AMD with a price target of $120, citing ongoing momentum in rack-scale AI infrastructure as a key driver [4] - Following the acquisition of ZT Systems' manufacturing operations, Wells Fargo emphasized that this move strengthens AMD's rack-scale strategy ahead of the MI400-series GPUs launch in the second half of 2026 [5] - Mizuho analyst raised AMD's price target to $135 with a 'Buy' rating, following a $10 billion multi-year AI infrastructure deal with Saudi-based startup Humain, which could significantly accelerate AMD's data center segment growth [7][8]
AMD to Host Annual Meeting of Stockholders
Globenewswire· 2025-05-07 20:30
Core Points - AMD will hold its Annual Meeting of Stockholders on May 14, 2025, at 9 a.m. PDT as a virtual meeting [1] - The matters to be voted on are detailed in AMD's 2025 Proxy Statement filed with the U.S. Securities and Exchange Commission [2] - A real-time audio webcast of the meeting will be available, with a replay accessible approximately 24 hours after the event [2] Company Overview - AMD has been driving innovation in high-performance computing, graphics, and visualization technologies for over 55 years [3] - AMD technology is relied upon by billions of people, Fortune 500 companies, and scientific research institutions globally [3] - The company focuses on building leadership high-performance and adaptive products [3]