Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTFatima GulzarThu, July 2, 2026 at 10:51 AM GMT+2 1 min readCore Scientific, Inc. (NASDAQ:CORZ) is among the Best AI Power Grid Stocks.On June 25, BTIG raised its price target on Core Scientific, Inc. (NASDAQ:CORZ) to $38 from $33. The firm maintained a Buy rating on the shares. BTIG said accelerating data center construction and persistent demand for prompt power continue to create artificial intelligence colocation opportunities. The firm also noted five high-performance compute infrastructure contracts signed across its coverage universe during the second quarter.Core Scientific, Inc. (NASDAQ:CORZ) built up its capital structure by closing a $3.3 billion offering of 7.75% senior secured notes due 2031. It expanded its gross power capacity pipeline to 4.5 GW and acquired land and power assets in Hunt County, Texas, for approximately $233 million. The firm supports about 430 MW of capacity.CEO Adam Sullivan said the corporation continues investing ahead of contracts. It is advancing development timelines across multiple sites to speed up customer discussions and sustain its high-density compute infrastructure platform.Core Scientific, Inc. (NASDAQ:CORZ) operates a purpose-built facility for digital asset mining and the provision of blockchain infrastructure, software solutions, and services. It works under the Mining and Hosting segments.While we acknowledge the potential of CORZ as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.Disclosure: None. Follow Insider Monkey on Google News.Terms and Privacy PolicyEU DSA contactPrivacy & Cookie SettingsMore Info