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Cipher (CIFR) Surges 18% as JPMorgan Turns Bullish

We recently published 10 Stocks Stealing Wall Street Spotlight. Cipher Mining Inc. (NASDAQ:CIFR) is one of the best-performing stocks on Monday.

Cipher Mining bounced back from two days of losses on Monday, jumping 18.09 percent to close at $16.71 apiece as investors took heart from JPMorgan’s bullish coverage for its stock.

In a market note on the same day, JPMorgan upgraded its price target for Cipher Mining Inc. (NASDAQ:CIFR) to $18, implying a 7.7 percent upside potential from its latest closing price.

“Cipher shares have declined ~45 percent from recent highs just a few weeks ago, presenting a nice entry point for one of the top operators within our coverage universe with ~600 MW of gross capacity contracted to high-quality HPC tenants (AWS and Fluidstack, backed by Google),” JPMorgan said.

“Additionally, we think Cipher is well positioned to sign additional deals at other approved sites (e.g. Stingray, 100 MW), which could drive additional medium-term upside,” it added.

Earlier this month, Cipher Mining Inc. (NASDAQ:CIFR) bagged a new $5.5 billion, 15-year high-performance computing (HPC) lease agreement with Amazon Web Services (AWS) for the delivery of some 300 MW of computing capacity starting in 2026.

The capacity would be delivered in two phases, in July and in the fourth quarter of the year, while the lease contract would commence in August 2026.

In other developments, Cipher Mining Inc. (NASDAQ:CIFR) announced stellar earnings performance in the last quarter, with net loss narrowing by 96 percent to $3.28 million from $86.75 million in the same period last year.

Operating loss also shrank by 59 percent to $37.6 million from $91.4 million year-on-year.

While we acknowledge the risk and potential of CIFR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than CIFR and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

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