Coreweave stock climbed after the company announced a $6 billion artificial intelligence data center project in Pennsylvania. The commitment includes an initial 100 megawatt data center that will be able to expand to 300 MW.

(Reuters) -CoreWeave plans to spend up to $6 billion on building a new artificial intelligence data center in Pennsylvania, as part of a push by U.S. President Donald Trump to maintain the country’s edge in the booming technology sector,

CoreWeave shares extended gains this week after the Nvidia partner said it would invest more than $6 billion in a new AI data center in Pennsylvania.