🚀 Core Scientific's stock (CORZ) soared over 12% on Aug. 6, thanks to a billion-dollar expansion deal with AI cloud provider CoreWeave!

- CoreWeave is beefing up its hosting deal, needing more NVIDIA GPUs.

- Core Scientific will modify its infrastructure to supply an extra 112 megawatts.

- Shares are up 12.1%, trading at $9.22 on Nasdaq.

- The 12-year hosting agreement is expected to generate about $2 billion in revenue.

Core Scientific CEO Adam Sullivan highlighted the strong demand for high-power data center infrastructure. Stay tuned for more megawatt magic! ⚡