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Cipher Digital (CIFR) Soars 23% on Data Center Devt Progress

Cipher Digital Inc. (NASDAQ:CIFR) is one of the 10 Stocks Turning Heads With Double-Digit Gains.

Cipher Digital grew its share prices by 23.53 percent on Tuesday to finish at $22.10 apiece, as investors took heart from the massive progress of its two data center developments, saying that 2026 “is the year of execution.”

In an updated report, Cipher Digital Inc. (NASDAQ:CIFR) announced developments at its Barber Lake and Black Pearl campuses, saying that it built momentum from the bagging of new long-term deals from hyperscalers.

For illustration purposes only. Photo by Carol Gauthier on Shutterstock

Last month, Cipher Digital Inc. (NASDAQ:CIFR) successfully topped out the Barber Lake data center, with mechanical, electrical, and networking work now underway.

Meanwhile, retrofitting of the existing data center structure for the first phase of Black Pearl remains on track, with layout and site work for phase 2 targeted in April.

“We also secured our first corporate revolving credit facility, strengthening our liquidity position by providing up to $200 million of committed borrowing capacity from leading global financial institutions. Looking forward, we will continue to build on this momentum and establish ourselves as the leading HPC development platform,” Cipher Digital Inc. (NASDAQ:CIFR) CEO Tyler Page said.

The announcement overshadowed a dismal earnings performance in the first quarter of the year, with net loss attributable to shareholders widening by 192 percent to $114 million from only $38.97 million in the same period last year.

Revenues came solely from Bitcoin mining, dropping 28.8 percent to $34.8 million from $48.9 million in the same comparable period.

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 the cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

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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.

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

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  • 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.

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