Four AI infrastructure stocks I’m not betting against:
$NBIS
• Q2 revenue: $582M, +454% YoY
• AI Cloud revenue: $575M, +514% YoY
• ARR: $3B
$IREN
• FY26 revenue: $707M, +41% YoY
• AI Cloud revenue: +110% QoQ in Q4
• Contracted ARR: ~$4B
$CIFR.US
• Barber Lake contracted revenue: $9B+
• Added ~$5.2B from another 10-year AI lab commitment
• Developing infrastructure to support up to 2.5GW of additional generation
WULF
• Anthropic lease: ~$19B over 20 years
• Q2 revenue: $44.8M, with 71% from HPC leases
• 102MW revenue-generating + 336MW under construction
There doesn’t have to be only one winner in AI infrastructure. 👀
$NBIS
• Q2 revenue: $582M, +454% YoY
• AI Cloud revenue: $575M, +514% YoY
• ARR: $3B
$IREN
• FY26 revenue: $707M, +41% YoY
• AI Cloud revenue: +110% QoQ in Q4
• Contracted ARR: ~$4B
$CIFR.US
• Barber Lake contracted revenue: $9B+
• Added ~$5.2B from another 10-year AI lab commitment
• Developing infrastructure to support up to 2.5GW of additional generation
WULF
• Anthropic lease: ~$19B over 20 years
• Q2 revenue: $44.8M, with 71% from HPC leases
• 102MW revenue-generating + 336MW under construction
There doesn’t have to be only one winner in AI infrastructure. 👀