MacroAug 12, 2026, 12:41 AM

CoreWeave Surges 14% After-Hours on AI Outlook; Super Micro Gains 7%

CoreWeave surged 14% in extended trading after raising its outlook on strong AI demand, and Super Micro Computer jumped over 7% on a robust revenue forecast. Asian stocks were broadly firmer, led by a 1.5% rise in South Korea's KOSPI.

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CoreWeave shares surged 14% in extended trading after the company lifted its outlook, citing strong demand for artificial intelligence services.

Super Micro Computer rallied more than 7% after delivering a revenue forecast that exceeded analyst expectations.

In Asia, stocks were broadly firmer, with South Korea's KOSPI advancing 1.5%. Meanwhile, gold prices pulled back from a two-month high.

Source: First Squawk

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