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Why TeraWulf, IREN, and Other Data Center Stocks Jumped Today
The Motley Fool·
TeraWulf surged after securing a blockbuster 20-year, $19 billion deal with AI company Anthropic for 401 megawatts of computing capacity at its Kentucky data center. IREN also jumped on reports it could secure a similar lucrative agreement with Anthropic for up to 1.4 gigawatts of Australian data center capacity valued at $15 billion. Both stocks benefited from strong demand for AI infrastructure.
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