David McCormick: “Investing in Pennsylvania is good for your stock price.”

“Mike is CEO of Coreweave, which made a big announcement today. $6 billion investment in Pennsylvania and his stock went way up. So all you CEOs just take notice. Investing in Pennsylvania is good for your stock price. Mike, please tell us about this project. It's very exciting. Thank you very much, Mr. President, Senator McCormick. And yes, you're correct, the market responded well to our announcement of investing $6 billion into a Lancaster, Pennsylvania data center.” (47:13–47:16)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.