10 AI Stocks on the Market’s Radar

8. Core Scientific, Inc. (NASDAQ:CORZ)

Number of Hedge Fund Holders: 78

Core Scientific, Inc. (NASDAQ:CORZ) is one of the 10 AI Stocks on the Market’s Radar. On October 30, Macquarie upgraded the stock to “Outperform” with a revised price target of $34.00. The firm upgraded the stock up post CoreWeave (CRWV) deal termination.

The company recently announced that it failed to receive the mandatory number of votes to approve the company’s planned sale to CoreWeave (CRWV).

In response, CRWV noted that it “looks forward to continuing its commercial partnership with CORZ.” In other news, Roth Capital raised the firm’s price target on (CORZ) to $40 from $23.50 and kept a Buy rating on the shares.

The firm believes that CORZ can now resume its standalone path and resume talks with customers after shareholders voted for takeover by CRWV.

Core Scientific, Inc. (NASDAQ:CORZ) has transitioned into an AI business by leveraging advanced infrastructure and expertise in HPC (high-performance computing).