NEW YORK — U.S. technology stocks linked to artificial intelligence infrastructure are gaining momentum as companies continue expanding their computing capacity.

CoreWeave shares jumped more than 19%, while Super Micro Computer also recorded a sharp rise after both companies issued forecasts pointing to strong demand for AI infrastructure. CoreWeave's revenue backlog reached $104.2 billion in the second quarter, highlighting the scale of demand for its computing services.

Super Micro also raised expectations for its fiscal 2027 revenue, strengthening investor confidence in the market for AI servers and data-center equipment.

The rally extended across the wider AI infrastructure sector, with companies including Nebius, Applied Digital and IREN also recording gains.

The developments come as U.S. technology companies and financial institutions continue committing billions of dollars to new data centers and supporting energy infrastructure.

The latest market surge suggests that AI investment is moving beyond software and chips into a much broader infrastructure buildout involving servers, data centers, electricity and cloud computing.