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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InAmid the global race to expand cloud computing capabilities, Morgan Stanley analyst Stephen Byrd discussed the outlook for the data center market and TeraWulf in a CNBC interview. The review focused on the surging demand for technical infrastructure required to support artificial intelligence technologies. These comments reflect growing confidence in companies providing power and infrastructure solutions for hyperscale data centers.
Bitcoin miners transitioning toward AI hosting, such as TeraWulf and peers like CoreWeave, are seeing increased interest from major financial institutions. Per market data, this shift occurs as cloud providers scramble to secure massive power capacity; previous Morgan Stanley research suggests data center power demand could grow at a compound annual rate exceeding 20% through 2030 (per Morgan Stanley Research).
Regarding market performance, TeraWulf (0QYU.L) stood at 223.63 USD at close July 9, 2026, with a session range between 213 and 224.42 USD. Investors should monitor upcoming regulatory updates regarding energy consumption and major tech earnings, which serve as primary catalysts for sentiment within the digital infrastructure sector.