US Stock Market Move | CoreWeave (CRWV.US) plans to invest an additional $6 billion in expanding data centers. The stock price has increased by nearly 10%.

On Tuesday, NVIDIA Corporation's holding stock CoreWeave (CRWV.US) surged nearly 10%. Since its listing on the US stock market in March, the company's stock price has nearly tripled, now trading at $144.49. On the news front, CoreWeave has announced plans to invest up to $6 billion to establish a large AI data center in Lancaster, Pennsylvania, as the company expands its AI computing infrastructure across the United States. Analysts point out that the continuing global surge in demand for AI computing power, coupled with tech giants continuously investing in building large data centers, means that the "AI faith" sweeping the globe continues to serve as a "super catalyst" for the stock prices of leaders in the AI computing industry such as NVIDIA Corporation.