Tag: coreweave
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CoreWeave, Super Micro surge on signs of sustained AI buildout
Aug 12 : Shares of CoreWeave and Super Micro Computer jumped to their highest since June on Wednesday after upbeat forecasts from the two AI infrastructure companies signaled booming demand for computing capacity.Both companies have been beneficiaries of the insatiable demand for AI infrastructure, as data ce
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CoreWeave, Super Micro climb on signs of sustained AI buildout
Aug 12 : Shares of CoreWeave and Super Micro Computer climbed premarket on Wednesday after upbeat forecasts from the two AI infrastructure companies reinforced demand expectations for computing capacity.Shares of neocloud provider CoreWeave rose more than 18 per cent, with peer Nebius Group rising 10 per cent
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CoreWeave boosts 2026 spending plan, beats quarterly estimates on AI demand surge
Aug 11 : CoreWeave lifted its annual capital spending forecast on Tuesday after beating second-quarter estimates, encouraged by a surge in demand for its AI cloud computing services, sending the company’s shares more than 14 per cent higher in extended trading. The AI cloud company also lifted its targets f
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CoreWeave beats quarterly revenue estimates as AI cloud demand surges
Aug 11 : CoreWeave topped Wall Street estimates for quarterly revenue on Tuesday and posted a smaller-than-expected loss, driven by strong demand for its AI cloud computing services, sending its shares about 14 per cent higher in extended trading. So-called neoclouds such as CoreWeave and peer Nebius, which o
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CoreWeave edges past quarterly revenue estimates
Aug 11 : AI cloud company CoreWeave edged past Wall Street estimates for quarterly revenue on Tuesday, driven by strong demand for its computing services that power AI systems. Shares of the company were up more than 4 per cent in extended trading. They have risen more than 22 per cent so far this year.
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Exclusive-AI cloud company CoreWeave explores Wall Street playbook to hedge memory-chip price risk
SAN FRANCISCO, July 14 : AI cloud computing company CoreWeave is exploring the use of financial derivatives as a potential hedge against a future drop in memory and storage chip prices, according to a person familiar with the matter.The unusual move underscores how deeply the AI boom has entangled cloud provi
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