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Hyderabad News

The Economic Times

Hyderabad / The Economic Times

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US stocks: CoreWeave, Super Micro surge on signs of sustained AI buildout

CoreWeave and Super Micro have seen their stock prices soar to new heights amid a rising tide of demand for AI infrastructure. CoreWeave has updated its expectations for annual revenue and operating profit, signaling strong market confidence. Similarly, Super Micro's projections for 2027 revenue exceed Wall Street estimates, reflecting robust investment in AI servers and computing capabilities.

12 Aug 2026 9:26 pm