CoreWeave CEO Michael Intrator assured investors that the company's $132.5 billion revenue backlog remains secure despite recent Texas political changes, as most of its capacity is already permitted or under construction. The company reported a record Q3 2026 revenue of $3.66 billion, up 168% year-over-year, and raised its full-year revenue guidance to $13.0-$13.3 billion. CoreWeave's capacity is sold out through 2027, with demand far exceeding supply, but the company carries $47 billion in debt and plans $37-39 billion in capital expenditures for 2026. Investors will watch if CoreWeave can meet its 1.85 GW active power target by year-end and convert its backlog into revenue without overextending its debt.
CoreWeave CEO's comments on the company's $132.5 billion backlog provide context for readers interested in this story. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Nov 11, 2026 23:02 WIB: out of 50 priced major cryptocurrencies, 35 rose and 14 fell. Notable movers include ATOM at Rp25.479 (+3.51%), ADA at Rp3.232 (+3.42%), and XRP at Rp19.416 (+3.23%).
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