Wednesday, 12 August, 2026
Beyond the Hype: CoreWeave and Super Micro Surge on Relentless AI Hardware Demand
By TechShots Studio
Shares of CoreWeave jumped over 18% and Super Micro Computer rose nearly 9% following upbeat financial forecasts that signal sustained enterprise demand for AI infrastructure. CoreWeave’s revenue backlog expanded to $104.2 billion as near-term capacity completely sold out, while Super Micro’s above-estimate 2027 revenue outlook reinforced that big tech's data center buildout is far from slowing down.
Read full story at REUTERS