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The Economic Times
The Economic Times
Business

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

CoreWeave Super Micro United States

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 center operators build out the hardware needed for generative-AI workloads.

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