CoreWeave CEO Michael Intrator says the midterm elections will not affect demand for the company’s order book, which stood at approximately $132.5 billion as of September 30, 2026. He said most of the company’s Texas capacity is already permitted or under construction and that existing contracts are not expected to be affected by recent regulatory changes. In the third quarter of 2026, CoreWeave generated $3.66 billion in revenue, up 168% year over year, and raised its full-year revenue guidance to between $13.0 billion and $13.3 billion. The company targets more than 1.85 gigawatts of active power by the end of 2026, with capacity sold out through 2027 and qualified demand running roughly ten times available supply. To fund this expansion, CoreWeave expects $37 billion to $39 billion in capital expenditures, carries approximately $47 billion in debt and anticipates $9 billion in customer prepayments and deposits over the next three months.
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