Since the AI market jitters on November 10, companies with substantial contracted high-performance computing (HPC) bases are receiving a "stability premium" from investors. Core Scientific ($CORZ) with 590 MW contracted and rapid scalability in Bitcoin operations is perceived as the safest bet. TeraWulf ($WULF), with 594 MW contracted on zero-carbon power, is also seen as stable. Cipher Mining ($CIFR) holds 600 MW contracted but faces risks from ERCOT buildout, placing it in a middle position. Applied Digital ($APLD) also has 600 MW contracted but remains discounted due to execution and infrastructure dependencies. Iris Energy ($IREN), with 310 MW contracted and long-term hyperscale projects, is slower to re-rate. Meanwhile, Wyre ($WYFI), with only 16 MW contracted, is penalized the most but could benefit significantly from any large HPC deal.