TeraWulf and Applied Digital Surge on NVIDIA's Strong Guidance

Earnings Impact 4
โดย 24/7 Wall St.·US·Read original
Summary · why it matters

TeraWulf and Applied Digital shares jumped Thursday morning, with TeraWulf up 6% to $16.90 and Applied Digital up 5% to $28.12, following NVIDIA's blowout earnings and forward guidance that reignited the AI compute trade. NVIDIA reported Q2 FY2027 revenue of $96.2 billion, beating the $92.1 billion consensus, and guided Q3 to $108 billion, which would mark its first quarter above $100 billion. CFO Colette Kress also projected 70% revenue growth for fiscal 2028 and noted the company remains supply constrained, a signal that contracted power and hosting capacity are becoming scarcer and more valuable. The moves in TeraWulf and Applied Digital, both high-beta proxies with betas of 4.3 and 5.8 respectively, contrast with the Global X Data Center & Digital Infrastructure ETF, which rose only 0.8%, indicating a targeted bid for operators with contracted AI capacity rather than the broad sector. Peer IREN Limited also sits in the same read-across bucket with its NVIDIA cloud partnership.

Impact on stocks 5

Artificial Intelligence▲ · 2 stocks
NVIDIA Corporation
NVDA
▲ PositiveCapitalrelevance

NVIDIA reported blowout earnings and raised guidance, directly boosting its stock.

Applied Digital Corporation
APLD
▲ PositiveDemandrelevance

NVIDIA's strong guidance signals AI compute demand, benefiting Applied Digital's contracted AI capacity.

Digital Finance & Tokenization▲ · 1 stocks
Terawulf Inc
WULF
▲ PositiveDemandrelevance

NVIDIA's supply constraints highlight value of contracted power, benefiting TeraWulf's hosting capacity.

Cloud & Digital Infrastructure▲ · 1 stocks
IREN Ltd
IREN
▲ PositiveDemandrelevance

IREN's NVIDIA cloud partnership places it in the same read-across bucket, benefiting from AI demand.

Climate Adaptation & Water▲ · 1 stocks

Theme Impact 3

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