๐ Northern Data is making waves in the AI and HPC sectors, according to Canaccord Genuity's latest report. With a buy rating and a โฌ60 price target, the stock is already up 2.4% to โฌ45.65.
- Northern Data is likened to "building the railroad for the AI gold rush," with its Taiga Cloud business leading the charge.
- The company, partly owned by Tether, is considering selling its Peak Mining business to focus on GPUs and data centers.
- Despite a 74% rally, there's still room for growth, says Canaccord.
What do you think about Northern Data's strategy? Share your thoughts in the comments!