Core Scientific Inc (CORZ) saw its shares rise after announcing that CoreWeave, an AI hyperscaler, exercised its final option for a 200 megawatt (MW) hosting contract. This move will see Core Scientific expand its infrastructure to deliver an additional 120 MW of IT load, hosting CoreWeave’s Nvidia GPUs. The expansion is expected to significantly boost Core Scientific’s revenue and position it as a leading data center player in the rapidly growing high-performance computing (HPC) market.