Movement Alert|TeraWulf Inc. Rises 5.07% Overnight, AI Infrastructure Sector Rally Fuels Rebound

Market Focus
06/15

On June 15, TeraWulf Inc. rose 5.07% overnight, trading at $27.38/share, with turnover of $751,500.

On the news front, the AI infrastructure and computing power sector saw broad-based strength, creating a significant sector linkage effect that lifted TeraWulf shares. Peer stocks IREN rose 6.47% and AppLovin gained 3.01% on the same day.

At the company level, TeraWulf recently partnered with Schneider Electric to deliver AI infrastructure solutions valued at over $290 million, and is exploring leveraged loan financing pathways with Morgan Stanley. Institutional target prices remain substantially above the current stock price, with Morgan Stanley setting a $42 target and Bernstein maintaining a $36 target with an Outperform rating. The company's strategic pivot from bitcoin mining toward AI data center operations continues to attract institutional capital recognition, supported by its core advantages in existing power grid access and rapid deployment capabilities.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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