Quick Read – NVIDIA’s $108B Q3 guide and supply-constraint warning sent WULF up 7% and APLD up 5% as contracted power capacity grows scarcer and more valuable. – DTCR rose only 0.8% while individual capacity operators surged, confirming today’s flow targets contracted AI power…
sts, not the broad data center sector. – TeraWulf (NASDAQ:WULF) stock is up 6% to $16.90 Thursday morning, while Applied Digital (NASDAQ:APLD) shares are climbing 5% to $28.12. Both names are riding a read-across from someone else’s earnings report
That report came from NVIDIA (NASDAQ:NVDA), whose stock is up 7% to $224.38 following a blowout print delivered Wednesday afternoon. NVIDIA’s Q2 FY2027 results and forward guide have reignited the AI compute trade across capacity operators tied to hyperscaler and AI-lab demand. Neither TeraWulf nor Applied Digital reported anything of their own today, and no company-specific catalyst has been verified for either name.
A firmer crypto tape is a secondary contributor for these mining-heritage operators, but the primary mechanism is the NVIDIA read-across. Read-Across From NVIDIA’s Blowout Print NVIDIA posted revenue of $96.2 billion, ahead of the $92.1 billion consensus, with net income of $59.7 billion, up 126% year over year. Data center revenue reached $89 billion, up 117%, the line item that most directly reflects the hyperscaler capex fueling AI capacity buildouts.