Investment bank KBW upgraded TeraWulf (WULF) to "outperform" from "market perform" while raising its price target to $24 from $9.50. The bank said the market is underestimating the earnings upside from the company’s shift away from bitcoin (BTC) mining toward AI and high-performance computing (HPC) leasing. "We think investors underappreciate the magnitude of the BTC mining to HPC leasing mix shift in 2026-2027 and robust growth catalysts on 646 MW net of visible HPC leasing pipeline through 2027," wrot ...

Core Insights - CleanSpark, Inc. (CLSK) is advancing its artificial intelligence (AI) initiatives, but the immediate revenue impact is limited as Bitcoin mining remains the primary revenue source [1][9] Group 1: AI and HPC Expansion - CleanSpark has secured over 1.3 gigawatts of power capacity and identified land opportunities in Georgia and Texas to support its AI and high-performance computing (HPC) data center initiatives [2] - The company has partnered with Submer to enhance deployment using liquid-cooled, modular data center solutions [2] - Monetization of AI initiatives is expected to be delayed, with initial deployments at the Texas AI campus not anticipated until the first half of 2027 [3] Group 2: Financial Projections and Competition - Construction costs for AI data centers are estimated at around $10 million per megawatt, which may pressure near-term cash generation [4] - The Zacks Consensus Estimate for fiscal 2026 revenues indicates a year-over-year growth of 12.1%, while fiscal 2027 suggests a decline of 7.7% [4] - Cipher Mining (CIFR) is emerging as a strong competitor, having secured a 15-year, 300 MW campus lease with Amazon Web Services valued at approximately $5.5 billion [5] - IREN Limited (IREN) is also intensifying competition with a $9.7 billion AI cloud agreement with Microsoft and plans to deploy 140,000 graphics processing units by 2026 [6] Group 3: Share Price and Valuation - CleanSpark's shares have increased by 16.4% over the past year, outperforming the Zacks Finance – Miscellaneous Services industry, which declined by 4.2% [7] - The company trades at a forward price-to-sales ratio of 3.25, which is lower than the sector's average of 9.08 [10] - The Zacks Consensus Estimate for CleanSpark's fiscal 2026 earnings is currently pegged at 26 cents per share, reflecting a year-over-year decline of 63.4% [13]

Company Overview - Symbotic is an automation technology company that provides AI-powered, end-to-end robotic warehouse solutions, initially focused on optimizing supply chain logistics for retailers and wholesalers [4] - The company generates ongoing revenue through software maintenance, support fees, and operational assistance for deployed hardware [1] Revenue Drivers - The primary revenue driver for Symbotic is the sale of modular, end-to-end automation systems, often integrated into large distribution centers for major clients like Walmart, Target, and Albertsons [2] - Symbotic's contracted backlog is approximately $22.5 billion, representing about 10 times its annual sales, providing exceptional revenue visibility for years to come [9] Market Expansion - Symbotic is expanding into a service-based model through its GreenBox warehouse-as-a-service joint venture with SoftBank, offering automated warehousing to smaller companies [1] - The company has recently entered the healthcare vertical through a client relationship with Medline, potentially opening new market opportunities [2] Financial Performance - Symbotic reported full-year 2025 revenue growth of 26%, reaching nearly $2.3 billion [9] - The company experienced a significant turnaround in free cash flow, reporting about $788 million in the recent fiscal year compared to a negative free cash flow of $102.45 million in the prior year [10] Manufacturing Strategy - Symbotic outsources the manufacturing of its robot components to established automotive suppliers, allowing rapid scaling without the capital intensity of owning large-scale factories [3]

MIDLAND, Pa., Dec. 22, 2025 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (“Mawson” or the “Company”), a U.S. based technology company that designs, builds, and operates next-generation digital infrastructure platforms providing services to the artificial intelligence (AI), high-performance computing (HPC), and digital assets (including Bitcoin mining), and other intensive compute applications market sectors, announced that the Company has received notice of compliance with Nasdaq’s re ...

Key Takeaways CLSK's valuation looks stretched as its forward P/E of 50.83X far exceeds the industry average.CleanSpark's revenues and earnings remain tightly linked to Bitcoin prices, amplifying volatility risk.AI and HPC expansion is still unproven for CLSK amid rising competition and declining earnings estimates.CleanSpark, Inc. (CLSK) is a leading U.S. Bitcoin miner and data-center operator that is expanding beyond crypto mining into high-performance computing (HPC) and artificial intelligence (AI) infr ...

We recently published 10 Stocks Shining Bright Amid Wall Street’s Dull Spell. Fermi Inc. (NASDAQ:FRMI) is one of the top performers on Tuesday. Fermi surged by 13.39 percent on Tuesday to close at $9.74 apiece as investors poured funds back into AI and high-performance computing companies, having priced in concerns about heavy investments in the sector. Fermi Inc. (NASDAQ:FRMI) rallied alongside its counterparts riding the AI wave, including Applied Digital Corp., after technology stocks took a beating o ...

Core Insights - Bitcoin mining economics are under pressure as hashprice remains near all-time lows despite network difficulty adjustments [1] - Texas is experiencing a significant surge in power demand, with interconnection requests increasing by 270% in 2025, primarily driven by data centers [2][3] Group 1: Industry Trends - The demand for infrastructure in Texas has exploded, with large load requests totaling 226 gigawatts through 2030, 73% of which is attributed to data centers [2][3] - Cryptocurrency mines account for approximately 9% of the interconnection requests in the ERCOT grid [3] Group 2: Company Developments - MicroBT has launched its new Whatsminer M70 series, which boasts an efficiency rating of 12.5 joules per terahash (J/TH) [8] - IREN successfully raised $2.3 billion through a convertible note offering, primarily to refinance existing debt, with interest rates at 0.25% and 1% [6] - Luxor has expanded its services by launching a GPU trading desk, targeting a market projected to reach half a trillion dollars by 2032 [4][5]

Core Insights - Canaan Inc. reported a solid performance in November 2025, with an increase in both deployed and operating hashrate despite market challenges [1][2] - The company's cryptocurrency treasury reached a record of 1,730 BTC and 3,951 ETH by the end of November 2025 [1][3] - Canaan plans to bring approximately 1 EH/s of mining capacity online by the end of 2025, with further expansion expected in early 2026 [2][3] Operational Performance - Canaan mined 89 BTC in November 2025, maintaining a stable production level [2][3] - The month-end deployed hashrate was reported at 9.41 EH/s, while the operational hashrate stood at 8.12 EH/s [3][4] - The average revenue split for the month was 58.2%, and the average all-in power cost was US$0.043 per kWh [3][4] Strategic Developments - The company strategically acquired 100 BTC during price dips, enhancing its cryptocurrency treasury [2][3] - Canaan's North American fleet efficiency improved, with installed power capacity increasing to 91.2 MW [2][4] - A landmark strategic investment of US$72 million was announced from top-tier institutional investors, indicating strong confidence in Canaan's growth outlook [9] Product Innovations - Canaan unveiled its next-generation Avalon A16 series Bitcoin mining machines, featuring competitive specifications [10][11] - The A16XP model offers 300 TH/s of computing power with an energy efficiency of 12.8 J/TH [10][11] Financial Management - The company initiated a share repurchase program of up to US$30 million, with approximately 6.59 million ADSs repurchased for about US$4.9 million as of December 10, 2025 [12]

Core Viewpoint - Qnity Electronics, Inc. has declared a quarterly dividend of $0.08 per share, reflecting its commitment to delivering shareholder value while advancing in next-generation technologies [1][2]. Group 1: Dividend Announcement - The Board of Directors of Qnity has declared a quarterly dividend of $0.08 per share for its common stock [1]. - The dividend is scheduled to be payable on March 16, 2026, to stockholders of record on February 27, 2026 [1]. Group 2: Commitment to Technology and Shareholders - The dividend reflects Qnity's commitment to delivering value to shareholders while supporting advancements in AI, high-performance computing, and advanced connectivity [2]. - Qnity positions itself as a leader in the semiconductor value chain, empowering technologies that drive future innovations [3]. Group 3: Company Overview - Qnity is recognized as a premier technology provider across the semiconductor value chain, focusing on solutions for semiconductor chip manufacturing and high-speed transmission in electronic systems [3]. - The company emphasizes its expertise in high-performance materials and integration, which are essential for enabling tomorrow's technologies [3].

Core Insights - Penguin Solutions, Inc. has launched its new SMART 64GB DDR5-6400 ECC CSODIMM memory modules, enhancing its DDR5 SODIMM product line [1][4] Product Features - The new memory module is designed for high-performance computing (HPC) applications in industrial, edge, telecom, and networking systems, supporting both commercial-temperature (C-temp) and industrial-temperature (I-temp) options [2] - The CSODIMM form factor offers higher density and faster bandwidth with error correction capability (ECC), catering to the needs of next-generation platforms [2][3] - The introduction of the 64GB capacity expands the DDR5 SODIMM family, which now includes capacities of 16GB, 32GB, 48GB, and 64GB, allowing system designers to select optimal memory density and performance [4][7] Technical Specifications - The SMART 64GB DDR5-6400 ECC CSODIMM features a data rate of up to 6400 MT/s, ECC support for improved reliability, and is available in a compact CSODIMM form factor suitable for space-constrained systems [7] - The modules include a clock driver (CKD) that enhances signal integrity and reduces errors at high speeds [3]