TeraWulf announced Tuesday it acquired land in Kentucky for a new artificial intelligence data center. The facility will deliver 1 gigawatt of power capacity for AI and high-performance computing workloads. WULF shares surged immediately following the news.
Powering the AI Expansion
The Kentucky site anchors TeraWulf's strategic shift into AI and HPC services. The company will build a 1 GW data center specifically for intensive computational tasks. This isn't a minor upgrade—it's a dedicated facility for the most power-hungry AI systems on the market.
1 GW Capacity Focus
That 1 gigawatt target matters more than it sounds. It's enough electricity to power 750,000 homes simultaneously, though the center will use it all for servers. The capacity is precisely calibrated for large language models and complex simulations. No incremental steps here—this is a full-scale play for the AI infrastructure market.
Multi-Phase Buildout Timeline
Construction will happen in stages starting soon. The entire project won't wrap up until 2030. Each phase will add capacity as demand grows. There's no rushing the pipeline; the schedule is locked in through the decade.
Markets React to News
WULF shares jumped Tuesday when traders digested the announcement. The stock hadn't moved this sharply in months. Investors backed the bet on AI infrastructure before seeing a single server rack. They're betting big on the 1 GW rollout.
Construction must begin within six months to stay on the 2030 deadline.
