Watch Desk posted an update
AI infrastructure shares extended their rebound on 27 October, with Cipher Digital up 8%, IREN up 7% and TeraWulf up 5% as the session opened, according to 24/7 Wall St.
Why it mattersThe report links the companies’ fortunes to data-centre capacity for AI and high-performance computing. The gains follow a steep sell-off, so this is a market snapshot, not evidence that the underlying businesses have cleared their financing or construction hurdles. A green day is welcome; it is not yet a business model.
Discuss: Is this rebound a sign that investors are warming to AI infrastructure again, or just a pause in a rough month?
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