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0 0.000520020800832115 0 0.00104004160166404 0.00156006240249616 0.00364014560582425 -0.0026001040041602 -0.00416016640665618
Stock impact report

Cantor Fitzgerald Cuts PT on Cipher Digital (CIFR) to $22, Sees AI Infrastructure as “Attractive Place to Invest” [Yahoo! Finance]

Cipher Mining Inc. (CIFR) 
Company Research Source: Yahoo! Finance
Inc. (NASDAQ:CIFR) to $22 from $24 on April 9, reiterating an Overweight rating on the shares. The firm told investors that it believes the world is heading toward the proliferation of AI across nearly every sector, business, and economy. In such a context, it considers AI infrastructure to be “an attractive place to invest”, given that investors are somewhat agnostic to which AI app or AI model emerges victorious. Cantor added that it envisions a persistent supply/demand imbalance for the next five-plus years that caters to pricing remaining strong. Cipher Mining (CIFR) Jumps Alongside Bitcoin Ahead of Q2 Results In a separate development, Cipher Digital Inc. (NASDAQ:CIFR) announced on March 25 the execution of its third data center campus lease, stating that the agreement is for an initial term of 15 years with an investment-grade Hyperscale tenant. The terms of the agreement stated that the company would develop and deliver a new HPC data center at one of its existing sites. Show less Read more
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