Stock Track | Core Scientific Soars 12.77% After-Hours on $1.2B Expansion Deal with CoreWeave

Stock Track

Feb 27, 2025

Core Scientific, Inc. (CORZ) shares surged 12.77% in the after-hours trading session on Wednesday, following the announcement of a significant expansion deal with AI Hyperscaler CoreWeave.

The $1.2 billion agreement will see Core Scientific expand its data center operations in Denton, Texas, to support CoreWeave's growing computational needs. This move highlights the increasing demand for high-performance computing power driven by the rapid growth of artificial intelligence and related technologies.

With this expansion, Core Scientific strengthens its position as a leading provider of blockchain infrastructure and AI computing solutions. The company's ability to secure such a substantial deal with a major player like CoreWeave underscores its capabilities and the confidence in its services.

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(CORZ) shares surged 12.77% in the after-hours trading session on Wednesday, following the announcement of a significant expansion deal with AI Hyperscaler CoreWeave.</p>\n\n<p>The $1.2 billion agreement will see Core Scientific expand its data center operations in Denton, Texas, to support CoreWeave's growing computational needs. This move highlights the increasing demand for high-performance computing power driven by the rapid growth of artificial intelligence and related technologies.</p>\n\n<p>With this expansion, Core Scientific strengthens its position as a leading provider of blockchain infrastructure and AI computing solutions. The company's ability to secure such a substantial deal with a major player like CoreWeave underscores its capabilities and the confidence in its services.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CORZ","symbol_name":"Core Scientific, Inc.","start_time":0,"source_url":"","article_id":"1188071540","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1188071540","pubTimestamp":1740605696,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Core Scientific, Inc.  shares surged 12.77% in the after-hours trading session on Wednesday, following the announcement of a significant expansion deal with AI Hyperscaler CoreWeave.The $1.2 billion agreement will see Core Scientific expand its data center operations in Denton, Texas, to support CoreWeave's growing computational needs. 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