CORZ vs WULF: AI Stock Comparison

Core Scientific, Inc. vs TeraWulf Inc.: AI exposure, key metrics, next earnings dates, upcoming catalysts and risks — every number linked to its source.

Popular: NVDA VS AMDMSFT VS GOOGLMETA VS AMZNPLTR VS BBAIASTS VS OKLOOKLO VS SMRIREN VS CORZALAB VS CRDOSOUN VS BBAIAVGO VS MRVLCRWV VS NBISAMD VS INTC all matchups →
Tie: both score 3/5 on AI exposure under our rubric; compare the catalysts and risks below. The score measures how directly each business is tied to AI, not which stock to buy.
⏱ Next catalyst: $CORZ has the earlier next catalyst (Nov 5, 2026).
$CORZ
Core Scientific, Inc.
Bitcoin miner converting sites to AI/HPC colocation.
$WULF
TeraWulf Inc.
Miner turning sites into HPC hosting campuses.
AI exposure score⚡⚡⚡⚡⚡ 3/5⚡⚡⚡⚡⚡ 3/5
Shares outstanding321.3M
as of 2026-07-23 · 10-Q cover page · SEC filing
499.0M
as of 2026-07-31 · 10-Q cover page · SEC filing
CategoryMiners pivoting to AIMiners pivoting to AI
Key metrics
Revenue (latest quarter) $164.2M
10-Q period ended 2026-06-30; +109% y/y · SEC filing
Gross margin 42.7%
Gross profit / revenue, same quarter · SEC filing
Operating income -$78.5M
Same quarter; -48% operating margin · SEC filing
Revenue (latest quarter) $44.8M
10-Q period ended 2026-06-30; -6% y/y · SEC filing
Gross margin 19.9%
Gross profit / revenue, same quarter · SEC filing
Operating income -$140.4M
Same quarter; -314% operating margin · SEC filing
Next earnings
Nov 5, 2026 confirmed
Core Scientific, Inc. quarterly earnings · source
Nov 6, 2026 confirmed
TeraWulf Inc. quarterly earnings · source
Next catalyst
Nov 5, 2026 confirmed
Core Scientific, Inc. quarterly earnings · source
Nov 6, 2026 confirmed
TeraWulf Inc. quarterly earnings · source
Upcoming catalysts
Nov 5, 2026 confirmed
Core Scientific, Inc. quarterly earnings · source
Nov 6, 2026 confirmed
TeraWulf Inc. quarterly earnings · source
Most recent reportedNot yet announced / not on our calendarNot yet announced / not on our calendar
Key risks
  • “We may incur additional indebtedness to execute our long-term growth strategy, which may reduce our profitability.” — 10-K risk factor (filed 2026-03-02) · source
  • “Losses relating to our business may be uninsured, or insurance may be limited.” — 10-K risk factor (filed 2026-03-02) · source
  • “The development and advancement in the efficiency of AI models presents risks and challenges that may adversely impact our business and operating results.” — 10-K risk factor (filed 2026-02-27) · source
  • “If we are unable to complete our data center campuses and future strategic growth initiatives in a timely manner or within anticipated cost estimates, our business and results of operations…” — 10-K risk factor (filed 2026-02-27) · source
AI angle

Core Scientific leases power and data-center space for AI/HPC customers while still mining bitcoin. The AI story is its colocation conversion pace.

TeraWulf leases data-center capacity to HPC/AI customers; its 10-K notes that more efficient AI models could reduce demand for that capacity.

Full analysis: $CORZ →Full analysis: $WULF →

The morning brief

Today's AI-stock catalysts in your inbox before the open. Free, 2-minute read.

Related matchups

IREN VS CORZCIFR VS CORZCIFR VS WULF

Deep dives: CORZ next earnings & catalysts · WULF next earnings & catalysts · AI earnings this week