- Shares of AI infrastructure companies surged on Wednesday after CoreWeave, Super Micro Computer, and Nebius Group reported quarterly results that exceeded analyst expectations.
- CoreWeave reported an order backlog of $100 billion, while Super Micro Computer experienced higher-than-expected margins driven by energy and power constraints that limited production capacity.
- This market rally extended across the broader sector, boosting server makers, memory suppliers, optical component firms, and overseas markets like South Korea's Kospi index.