# Who does TeraWulf pay? Who are its key suppliers?
Canonical: https://valuechain.wiki/terawulf · Facet: suppliers · Updated: 2026-07-11T10:04:26.856+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: TeraWulf's confirmed suppliers/cost counterparties include NVIDIA plus 1 undisclosed/aggregate relationship. Per the valuechain.wiki graph: 2 cost edges, backed by 2 dated sources, 1 of them primary filings (as of 2026-07-11).

### NVIDIA (mid)  → /nvidia.md
- note: NVIDIA GPU infrastructure for AI HPC.
- [confirms] CoinDesk (EN, research, published 2025-10-28) https://www.coindesk.com/business/2025/10/28/terawulf-stock-surges-22-after-usd9-5b-google-backed-ai-compute-deal-with-fluidstack: "NVIDIA GPU infrastructure for AI HPC."

### 전력·데이터센터 (비공개) (low)
- note: Power and HPC-datacenter build.
- [confirms] TeraWulf (EN, filing, published 2026-02-01) https://investors.terawulf.com/news-events/press-releases/detail/132/terawulf-reports-fourth-quarter-and-full-year-2025-results: "Power and HPC-datacenter build."

Reverse side: https://valuechain.wiki/terawulf/customers.md · Ripple: https://valuechain.wiki/terawulf/ripple.md

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Full node: https://valuechain.wiki/terawulf.md · JSON: https://valuechain.wiki/terawulf.json