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Bernstein Maintains Outperform Rating for TeraWulf as HPC Revenue Reaches 71% of Q2 Total

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FOMOGRAM Editorial Desk
Aug 6, 2026
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Bernstein Maintains Outperform Rating for TeraWulf as HPC Revenue Reaches 71% of Q2 Total
EXECUTIVE SUMMARY

Bernstein has reaffirmed its Outperform rating for TeraWulf following the company's Q2 high-performance computing (HPC) revenue of $32 million, which constitutes 71% of the total revenue. The Muskie Campus is identified as the next site for growth.

Bernstein has reaffirmed its Outperform rating for TeraWulf following the company's Q2 high-performance computing (HPC) revenue of $32 million, which constitutes 71% of the total revenue. The Muskie Campus is identified as the next site for growth.

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