Coreweave stock pops after announcing $6 billion AI data center
Coreweave Inc., signage at Times Square in New York on May 9, 2025 Friday.
Yuki Iwamura | Bloomberg | Getty Images
Sunflower seed After the company announced a 6 billion dollar artificial intelligence data center project, it won 6% on Tuesday. Pennsylvania.
The commitment includes the top 100 Megawatt data center built in Lancaster, about 70 miles west of Philadelphia. The data center will be able to expand up to 300 MW.
In a Coreweave CEO Michael Intrator, “High -performance AI calculation demand is cruel.
The announcement is the Senator Dave McCormick, R-Pennn, where President Donald Trump gathered to discuss the AI and investment opportunities of the state and investment opportunities.
Google On Tuesday, he announced a $ 25 billion data center and AI infrastructure agreement and promised $ 3 billion to raise two hydroelectric power plants in Pennsylvania.
Coreweave, Renting Access Nvidia AI chips shed tears since it was opened to the public at the end of March. Stocks have been opened for $ 39 and since then increased by more than 250%.
The company announced that it has purchased a 9 billion dollar data center infrastructure provider. Nucleus scientific Last week, an agreement that would increase Coreweave’s access to power and real estates.
Coreweave was already an important customer of Core Scientific and the agreement will cut 10 billion dollars in the future hire Commitments according to the company.
