The Circuit Brief — CoreWeave, Supermicro, and Lumentum Just X-Rayed the AI Stack
The Circuit Brief by The Circuit Brief
Episode notes
Wednesday morning edition. Three Nvidia partners reported earnings after the bell -- CoreWeave's $104B revenue backlog and $626M net loss, Supermicro's revenue nearly doubling to $11.1B, and Lumentum's 109% revenue growth on AI optical demand. Together they're a live X-ray of the AI infrastructure stack: cloud backlog, server margins, optical links, and the debt behind the buildout.