StocksMedium•11 November 2026•
1 min read
Micron and Sandisk Shares Surge on Strong CoreWeave Revenue Guidance
Key Facts
1Micron shares jumped 13.19% after CoreWeave raised its 2026 revenue forecast to between $13 billion and $13.3 billion.
2CoreWeave reported a revenue backlog of $132.5 billion, stating it is largely sold out of AI compute capacity through 2027.
Micron shares jumped 13.19% after CoreWeave raised its 2026 revenue forecast to between $13 billion and $13.3 billion. Benzinga reported that CoreWeave announced a revenue backlog of $132.5 billion, stating it is largely sold out of AI compute capacity through 2027.
Micron was trading at $823.235 on November 11, 2026, while Sandisk closed at $859.99 on November 10, 2026. CoreWeave's CEO stated that AI demand is outpacing global capacity, boosting confidence in hardware suppliers like Micron and Sandisk, as CoreWeave closed at $48.73 on November 10, 2026.