Bitcoin miners are pivoting to high-performance computing as demand for AI-driven data centers grows. Grand View Research estimates a $4.8 billion market by 2030. Analyst Greg Miller sees potential for investors as former miners shift focus. Cipher Mining, with 3.2 GW capacity and $5.5 billion AWS deal, aims for HPC dominance. Miller rates CIFR a Buy with $30 target. Riot Platforms, boasting 1.7 GW capacity, eyes HPC market with 112% revenue growth, 1,406 bitcoin production in Q3. Analyst predicts 87% upside with Buy rating and $25 target. IREN shifts to AI Cloud Services, secures $9.7 billion Microsoft contract. Q1 revenue soars 355% to $240.3 million. Analyst predicts 84% upside with Buy rating and $80 target.

Read more at Yahoo Finance: Citizens JMP Sees ‘Significant Value’ for 3 Stocks Pivoting Into the AI Boom