Streetbeat News

NDTAF

Northern Data AG

https://northerndata.de/

Industry

Research and Development in Biotechnology

Open

9.26

Mkt cap

1.9B

Volume

2.5K

High

30.05

P/E Ratio

-5.50

52-wk high

31.25

Low

9.26

Div yield

N/A

52-wk low

9.26

Core Scientific Inc. (NASDAQ:CORZ) has announced a 12-year partnership with CoreWeave, backed by Nvidia Corp. (NASDAQ:NVDA), to provide infrastructure for AI use cases, expected to generate over $3.5 billion in revenue. This move follows a trend among Bitcoin miners to diversify into AI services following the Bitcoin halving event in April.

Portfolio Pulse from Aniket Verma

June 04, 2024 | 5:14 am

Northern Data (OTC:NDTAF), a Frankfurt-based tech company, has shifted its focus from Bitcoin mining to cloud solutions and data center infrastructure, catching the attention of Berenberg Bank. Berenberg has initiated coverage with a Buy rating and a price target suggesting a 53.2% upside. The company's partnership with NVIDIA Corp (NASDAQ:NVDA) as an 'Elite' partner for cloud computing and its investments in liquid-cooling technology are highlighted as key growth drivers.

Portfolio Pulse from Benzinga Neuro

April 29, 2024 | 4:58 am

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