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Glonghui, April 10 | Benefiting from deals with several major technology companies, market optimism toward cloud infrastructure company CoreWeave has increased, and the company’s junk bonds have risen. As of 9:05 a.m. New York time (21:05 in the UTC+8 time zone), the bonds with a coupon rate of 9.75% and a face value of 100 cents climbed to 101.88 cents. During the syndicated sale, the scale of the bond was expanded from the initially planned $1.25 billion. Data shows that another convertible bond issued the same day, which was expanded to $3.5 billion, has not yet started trading. This financing is the company’s latest, taking place just hours after CoreWeave announced a new deal to supply artificial intelligence computing products to Meta Platforms. On Friday, Anthropic agreed to lease CoreWeave’s data center capacity to meet the rapidly growing demand for its AI services. CoreWeave’s price surged more than 7% intraday.

According to reports, Bank of America analyst Vivek Arya has raised the global semiconductor industry revenue forecast for 2026 to $1.3 trillion, a growth driven by the development and expansion of companies such as NVIDIA and Broadcom. Arya stated: “We continue to believe that the AI/data center sector will contribute the majority of growth through computing, networking, and storage chips.” Analysts expect the semiconductor market size to reach $2 trillion within just four years, corresponding to a compound annual growth rate of about 11.4%.

Glonghui April 10 — NIO rose over 7%, Li Auto rose nearly 7%, Hesai rose nearly 5%, Pony.ai and Kingsoft Cloud rose over 3%, Baidu and Pinduoduo rose over 2%, Alibaba rose over 1%.