CoreWeave raises forecasts and Super Micro lifts 2027 revenue outlook on AI demand
CoreWeave raised forecasts for revenue, adjusted operating profit, and capital spending after strong Nvidia-powered AI infrastructure demand improved contract pricing and left near-term capacity effectively sold out. Revenue backlog climbed to $104.2B in Q2 from $99.4B. Super Micro forecast 2027 revenue above estimates, while CoreWeave’s Q4 gross margin hit 17.5%.