Coreweave stock pops after company announces $6 billion AI data center in Pennsylvania
CoreWeave Inc. signage in Times Square in New York, US, on Friday, May 9, 2025. Coreweave stock climbed more than 9% on Tuesday after the company announced a $6 billion artificial intelligence data center project in Pennsylvania. The commitment includes an initial 100 megawatt data center built in Lancaster, a city about 70 miles west of Philadelphia. The data center will be able to expand to 300 MW. "The demand for high-performance AI compute is relentless," said CoreWeave CEO Michael Intrat