Wolfspeed Climbs 6%, IREN Rises 4% as Buyers Pick Single Names Over the AI Infrastructure Sector; TeraWulf Sits Tight
Friday's buying in AI buildout names was selective, with Wolfspeed climbing 6% and IREN rising 4% as investors picked individual stocks over the broader AI infrastructure sector. TeraWulf remained unchanged, sitting tight as other names led the move.
Why it matters — The selective buying pattern shows investors are choosing specific AI infrastructure names, while TeraWulf did not see the same momentum.