CoreWeave Stock Jumps 7% on Indonesia Data Center Expansion Plans

CoreWeave shares rose 7.16% as the firm announced three new Indonesian data centers adding 360MW capacity, marking its first Asia-Pacific network expansion.

Woofun AI reports that CoreWeave has announced its entry into the Indonesian market with plans to construct three new data centers, representing its initial expansion of infrastructure within the Asia-Pacific region. The company will own and operate these facilities, which will provide an additional 360 megawatts of contracted power capacity, while also establishing local operational teams to support the sites. As of March 2026, CoreWeave manages 49 data centers globally and anticipates capital expenditures between $31 billion and $35 billion by 2026. This expansion follows recent multi-billion dollar agreements, including an expanded $21 billion partnership with Meta Platforms and a multi-year cloud services deal with Anthropic. CoreWeave’s stock price increased by 7.16% to reach a market capitalization of $50.1 billion, before declining 1.23% in after-hours trading to close at $90.77.