Nvidia-backed CoreWeave (CRWV.US) soared nearly 10% to $144.49 during Tuesday's session, extending its explosive rally since March's market debut to nearly 300%. The AI infrastructure provider unveiled plans to invest up to $6 billion constructing a massive artificial intelligence data center in Lancaster, Pennsylvania, dramatically expanding its US computing capacity footprint.

This strategic move comes amid unprecedented global demand for AI processing power, with tech giants racing to build hyperscale computing facilities. Industry analysts emphasize that the relentless expansion of AI infrastructure spending continues to fuel extraordinary momentum for market leaders across the compute ecosystem. The fervor-fueled rally for Nvidia and core AI supply chain players shows no signs of abating as enterprises scramble to secure next-generation computational resources.

CoreWeave's Pennsylvania facility represents one of the largest private infrastructure investments in the state's history, positioning the company at the forefront of America's AI infrastructure buildout. This massive capital commitment underscores the intensifying race to dominate cloud-based artificial intelligence capabilities, where specialized hardware like Nvidia's accelerators remains mission-critical. Market observers anticipate sustained valuation tailwinds for compute-focused enterprises as worldwide AI adoption accelerates across industries.