TeraWulf Rises 12%, IREN Climbs 7% as AI-Infrastructure Stocks Bounce Back

Cipher, TeraWulf among AI infrastructure stocks trading below contract value, Compass Point argues

Compass Point analysts Michael Donovan and Ed Engel said markets are giving little credit to future AI data center pipelines despite billions of dollars in signed leases.

TeraWulf Rises 12%, IREN Climbs 7% as AI-Infrastructure Stocks Bounce Back

Shares of TeraWulf (NASDAQ:WULF) are up 12% to $22.67 in mid-morning trading, leading a broad rebound across AI-infrastructure names that were hammered on Tuesday. IREN (NASDAQ:IREN) stock is up 7% to $42.55, while peers Applied Digital (NASDAQ:APLD) and Cipher Mining (NASDAQ:CIFR) are up 3% to $31.53 and up 5% to $21.45, respectively. Today’s move mirrors ... TeraWulf Rises 12%, IREN Climbs 7% as AI-Infrastructure Stocks Bounce Back