AI HPC PRICE TARGET UPDATES⚡️ $IREN: Northland initiates with Outperform and $99 price target $CIFR: Morgan Stanley raised price target to $54 and maintained Overweight $MARA: Morgan Stanley raised price target to $11 and maintained Underweight $SHAZ: Northland initiates with Outperform and $95 price target $BRUN: Northland initiates with Outperform and $36 price target

⚡ HPC now drives two thirds of TSMC’s revenue. Q2 sales hit a record $40.2B as HPC grew 20% QoQ to 66% of the mix, while smartphones fell 4%. AI may be led by $NVDA and hyperscalers, but the manufacturing toll road runs through $TSM.

AI infrastructure for HPC is scaling fast. ⚡ The new liquid-cooled Dell PowerEdge XE8812 with NVIDIA Vera Rubin NVL4 is built for large-scale AI and HPC, scaling up to 144 GPUs per rack. See what's next:

What's next for AI and HPC? Explore Intel Foundry research spanning EMIB-T, HBM4e, co-packaged optics, glass substrates and more to advance high performance system scaling. #IntelFoundry#

Parallel Works and CoreWeave are running a fully managed AI and HPC environment for DARPA's NODES program. By combining Parallel Works' ACTIVATE platform with CoreWeave Cloud, researchers can access dedicated compute, unified orchestration, and expert support, allowing them to focus on advancing research rather than managing complex technology. Read the release: