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Core Scientific shares up 12% on earnings report and $1.20 billion data center expansion plan

According to The Block, Nasdaq-listed company Core Scientific announced an expanded partnership with AI supercomputing company CoreWeave to expand its data center in Denton, Texas, expected to bring $1.20 billion in contract revenue. Affected by this news, the company's share price rose 12.29% in after-hours trading, rising from its closing price of $10.02 to 11....