EL7.AI
StocksMedium•11 November 2026•
1 min read

US Memory Stocks Rally as CoreWeave Earnings Boost AI Infrastructure Confidence

Key Facts

1Western Digital and Micron shares rose over 5%, while SanDisk gained over 6% in overnight trading.
2CoreWeave reported Q3 revenue of $3.66 billion and raised its 2026 guidance.

Western Digital and Micron shares rose over 5%, while SanDisk gained over 6% in overnight trading, TradingKey reported. The rebound followed CoreWeave's announcement of $3.66 billion in third-quarter revenue and an upward revision to its 2026 guidance. These results eased investor concerns regarding a potential slowdown in AI infrastructure demand and data center returns that had recently pressured the sector.

MU closed at $725.11 and WDC closed at $289.20 on November 10, 2026, while CRWV shares closed at $48.73 on the same date. According to TradingKey, CoreWeave's performance helped alleviate tech financing pressures, with the company noting that customer demand for 2027 computing capacity is approximately 10 times its current available capacity.

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