TeraWulf jumps 13% on AI data center expansion in Kentucky

The bitcoin miner turned HPC infrastructure developer unveiled plans for a new 1 gigawatt facility in Kentucky aimed at servicing AI workloads. What to know : TeraWulf surged 13% on Tuesday after announcing a new facility in Kentucky to serve to serve AI and high-performance compute demand. Former bitcoin miners tied to the AI infrastructure boom broadly moved higher as the AI spending momentum continues.