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TeraWulf Shares Soar 22% Amid AI Infrastructure Expansion

10/28/2025

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Summary

Story summary

TeraWulf Inc. (NASDAQ: WULF) shares surged over 22% after announcing an expanded partnership with Fluidstack to build 168 MW AI infrastructure at Texas campus.
The company expects third-quarter revenue of $48–$52 million, an 84% year-over-year increase.
Analysts raised price targets, with B. Riley at $22 for demand in high-performance computing.
The stock is up 206.1% year to date and the company pivots from bitcoin mining to AI-focused data center development.

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Story summary

TeraWulf Inc. (NASDAQ: WULF) shares surged over 22% after announcing an expanded partnership with Fluidstack to build 168 MW AI infrastructure at Texas campus.
The company expects third-quarter revenue of $48–$52 million, an 84% year-over-year increase.
Analysts raised price targets, with B. Riley at $22 for demand in high-performance computing.
The stock is up 206.1% year to date and the company pivots from bitcoin mining to AI-focused data center development.