Key Points Cipher's sales and earnings for the first quarter missed Wall Street's targets, but the stock is still gaining. Cipher announced a new $200 million revolving credit facility. New funding should help the company's pivot to AI infrastructure technologies. 10 stocks we like better than Cipher Mining › Cipher Digital (NASDAQ: CIFR) stock is posting big gains in Tuesday's trading. The cryptocurrency-mining and artificial intelligence ( AI ) infrastructure company's share price was up 20.4% as of 3:25 p.m. ET. Cipher Digital's valuation is soaring today despite the company's weaker-than-expected Q1 results. With today's pop, the stock is now up roughly 46% year to date. Will AI create the world's first trillionaire?
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