Core Scientific (NASDAQ:CORZ) gained on Tuesday in solidarity with CoreWeave (NASDAQ:CRWV) after the latter announced plans to invest up to $6 billion in building an AI data center in Lancaster, Pennsylvania.
Initially sized at 100 megawatts and expandable to 300 MW, the facility will be one of the region’s first large-scale AI centers. CoreWeave’s broader U.S. network consists of 33 data centers.
The company will unveil the project at a CEO roundtable with President Donald Trump during Senator Dave McCormick’s Energy and Innovation Summit at Carnegie Mellon University.
Also Read: Why CoreWeave’s $9 Billion …Full story available on Benzinga.com
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