Core Scientific Could Top $30 on CoreWeave Buyout Deal: Cantor Fitzgerald

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In a research note released late Thursday, Cantor Fitzgerald says Core Scientific (CORZ) could fetch over $30 per share in a potential acquisition by cloud compute giant CoreWeave , citing both the long-term cash flows from its AI contracts and the replacement value of its data centers. That would be a near doubling from the current level just above $16. The note came hours after The Wall Street Journal reported that CoreWeave, a cloud AI compute firm, is once again in advanced talks to acquire ...