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Why TeraWulf, IREN, and Other Data Center Stocks Jumped Today

The leading AI model builders are relentless in their pursuit of power and compute.

Why TeraWulf, IREN, and Other Data Center Stocks Jumped Today

Published July 7, 2026 · Category: Finance

Overview

Shares of TeraWulf (NASDAQ: WULF) rose on Monday after the digital infrastructure developer struck a blockbuster deal with leading artificial intelligence (AI) model maker Anthropic.

IREN's (NASDAQ: IREN) shares were likewise up sharply, on reports that the data center operator could also be about to sign a lucrative computing capacity agreement with the AI giant.

Image source: Getty Images.

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Originally published at www.fool.com.

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