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The stock has surged roughly 105% over the past year, fueled by massive demand for computing power required to train and run advanced AI models. However, after such a spectacular run, investors are now wondering whether it can still soar to hit its high price estimate of $180 or if the AI enthusiasm has already been priced in.Let’s take a closer look.What Options Traders Expect from Micron Stock After Earnings on March 18This Dividend King With a 54-Year Dividend Streak Is Down 13% YTD. Time to Buy the Dip?As Oracle Reveals Higher Restructuring Costs, Should You Still Buy ORCL Stock or Stay Far Away?Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now!www.barchart.comThe AI enthusiasm seems to have softened this year with broader market volatility amid the U.S.-Iran war. However, if you ignore the market noise, you will notice that demand for AI infrastructure continues to intensify as companies build larger models and deploy AI across more applications.Valued at $44 billion, CoreWeave rents massive AI computing power to businesses that need it to train and run AI models. The company reported exceptional growth in fiscal 2025. Total revenue surged an extraordinary 168% year-over-year (YoY) to $5.1 billion, highlighting the massive demand for AI computing infrastructure. CoreWeave’s contracted revenue backlog surged to $66.8 million, giving a clear picture of future growth. The company says this backlog shows long-term commitments from hyperscalers, AI startups, and enterprise companies that rely on its specialized AI cloud platform.In the quarter, several well-known AI companies adopted CoreWeave’s infrastructure, including Midjourney, Runway, Cursor, Cognition, and Mercado Libre (MELI). To meet the surge in demand, CoreWeave has taken some concrete steps. At the end of 2025, the company had 850 megawatts of active power capacity, 43 operational data centers (up from 32 at the start of the year), and 3.1 gigawatts of contracted capacity, which is expected to be operational by 2027.Interestingly, CoreWeave even deepened its partnership with Nvidia (NVDA) this quarter. The chip giant invested $2 billion into the company to integrate CoreWeave’s software stack into Nvidia’s broader cloud architecture. If Nvidia eventually integrates these technologies into its larger ecosystem, CoreWeave will have the opportunity to begin licensing its cloud stack to other cloud providers and enterprises. This could create a new high-margin revenue stream that is not included in current guidance, implying significant upside in the coming years.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoTrending tickersMU Micron Technology, Inc. 461.73 +0.04 (+0.01%)BTC-USD Bitcoin USD 71,262.07 -2,724.45 (-3.68%)CVNA Carvana Co. 291.17 -23.57 (-7.49%)FIG Figma, Inc. 25.26 -2.19 (-7.98%)SRE Sempra 95.04 -0.90 (-0.94%)PortfolioSign in to access your portfolioSign inTop gainersRGC Regencell Bioscience Holdings Limited 26.38 +3.41 (+14.85%)VG Venture Global, Inc. 14.85 +1.88 (+14.50%)ANDG Andersen Group Inc. 28.27 +3.38 (+13.58%)HTFL Heartflow, Inc. 25.47 +2.95 (+13.10%)KC Kingsoft Cloud Holdings Limited 14.78 +1.66 (+12.65%)Top losersSAIL SailPoint, Inc. 12.47 -2.24 (-15.23%)BGSI Boyd Group Services Inc. 140.27 -21.35 (-13.21%)SA Seabridge Gold Inc. 27.01 -3.84 (-12.45%)NG NovaGold Resources Inc. 8.55 -1.19 (-12.22%)RKLB Rocket Lab Corporation 69.48 -9.11 (-11.59%)Most activeNVDA NVIDIA Corporation 180.40 -1.53 (-0.84%)PLUG Plug Power Inc. 2.3200 -0.0100 (-0.43%)ONDS Ondas Inc. 10.83 -0.45 (-3.99%)SOFI SoFi Technologies, Inc. 17.18 -0.19 (-1.09%)AAL American Airlines Group Inc. 10.80 -0.06 (-0.55%)Top economic eventsEarnings eventsMy earnings eventsEarnings events