AI infrastructure stocks rally as CoreWeave beats estimates and Anthropic IPO demand surges

Cointime reports: AI infrastructure stocks rallied on November 11 after CoreWeave reported third-quarter revenue of $3.661 billion, up about 168% year over year and above the $3.56 billion analyst estimate, and raised its full-year revenue guidance to $13.0–13.3 billion. CoreWeave, Nebius and AXT gained more than 12%, while Nvidia and AMD rose over 3%. Anthropic’s IPO roadshow drew strong demand, with underwriters considering pricing above $78 per share for a valuation possibly reaching $1.5 trillion.