TeraWulf Rises 13% on AI Data Center Expansion in Kentucky

TeraWulf (WULF) shares surged 13% on Tuesday following the announcement of a new AI and high-performance computing (HPC) facility in Kentucky, according to CoinDesk. The company plans to develop the Muskie Data Campus, a hyperscale site capable of supporting over 1 gigawatt of AI and HPC infrastructure. The initial phase will deliver 500 megawatts by the second half of 2028, with an additional 500 megawatts by 2030. This expansion highlights the growing importance of electricity and transmission infrastructure in the AI sector. The announcement also boosted other AI-linked stocks, including Hut 8 and Keel Infrastructure.