Nvidia (NASDAQ: $NVDA) Shares Rebound 3% as CoreWeave Raises 2026 Revenue Forecast.
Nvidia shares rose more than 3% to $175 in Wednesday’s premarket trading as AI stocks rebounded. The gains followed strong results from Nvidia-backed CoreWeave (NASDAQ: CRWV), which helped ease concerns about demand for AI computing infrastructure.
CoreWeave reported $3.66 billion in third-quarter revenue, up 168% year over year and above analysts’ $3.55 billion estimate.
It also raised its 2026 revenue forecast to $13 billion–$13.3 billion.
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Nvidia shares rose more than 3% to $175 in Wednesday’s premarket trading as AI stocks rebounded. The gains followed strong results from Nvidia-backed CoreWeave (NASDAQ: CRWV), which helped ease concerns about demand for AI computing infrastructure.
CoreWeave reported $3.66 billion in third-quarter revenue, up 168% year over year and above analysts’ $3.55 billion estimate.
It also raised its 2026 revenue forecast to $13 billion–$13.3 billion.
#Crypto