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First Tellurium Targets Canada’s AI Boom With Waste-Heat Power Technology

Story Highlights
  • First Tellurium is developing tubular thermoelectric generators to turn AI data center waste heat into clean supplemental power.
  • The company aims to tap Canada’s multibillion-dollar AI infrastructure push, seeking government and industry partners to deploy its technology.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
First Tellurium Targets Canada’s AI Boom With Waste-Heat Power Technology

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First Tellurium Corp ( (TSE:FTEL) ) has shared an update.

First Tellurium Corp., through its subsidiary PyroDelta Energy Inc., is advancing a proprietary tubular thermoelectric generator designed to capture waste heat from AI data centers and convert it into clean, reliable supplemental electricity. The company is positioning this technology to benefit from Canada’s substantial new public and private AI investments, including multibillion-dollar commitments to AI infrastructure, and has engaged consultants to connect with federal and provincial officials for potential funding and deployment across AI, defense and broader energy-saving applications, underscoring its ambition to integrate its thermoelectric systems into the country’s emerging AI infrastructure strategy.

The most recent analyst rating on (TSE:FTEL) stock is a Hold with a C$0.18 price target. To see the full list of analyst forecasts on First Tellurium Corp stock, see the TSE:FTEL Stock Forecast page.

Spark’s Take on TSE:FTEL Stock

According to Spark, TipRanks’ AI Analyst, TSE:FTEL is a Neutral.

The score is primarily held down by weak financial performance (no revenue, widening losses, ongoing cash burn, and negative equity with higher debt), which increases financing and dilution risk. Technicals are largely neutral with mixed momentum, offering limited near-term offset. Valuation is also unattractive/unclear because earnings are negative and no dividend support is provided.

To see Spark’s full report on TSE:FTEL stock, click here.

More about First Tellurium Corp

First Tellurium Corp. is a Canadian company that aims to generate revenue and value through mineral discovery, project development, project generation and the development of tellurium-based technologies. The company is leveraging its materials expertise to move into energy and thermoelectric applications, including solutions tailored to rapidly growing sectors such as artificial intelligence (AI) data centers and drones.

Average Trading Volume: 152,667

Technical Sentiment Signal: Buy

Current Market Cap: C$26.1M

Learn more about FTEL stock on TipRanks’ Stock Analysis page.

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