CoreWeave ($CRWV) Shares Surge 7.5% on $6B AI Data Center Announcement

Shares of CoreWeave (CRWV) surged 7.57% in pre-market trading on Tuesday, July 15, 2025, reaching $142.39, up from the previous closing price of $132.38.

CoreWeave is set to invest up to $6 billion to build a state-of-the-art data center in Lancaster, Pennsylvania, designed specifically for advanced AI applications. The initial 100-megawatt facility, with plans to expand to 300 MW, will be one of the region’s first large-scale data centers, aiming to enhance U.S. competitiveness in AI.