NVIDIA
Rate Of Return🌟🌟🌟$Coreweave(CRWV.US)proved the bears wrong when its Q2 revenue skyrocketed 112% year over year to USD 2.58 billion, comfortably clearing Wall Street expectations. What is amazing is that Coreweave's contracted revenue backlog swelled to a massive USD 104.2 billion. Coreweave also revealed that it doesn't even include another USD 25 billion in brand new commitments signed just in the early weeks of the current quarter.
CEO Michael Intrator informed the market that its near term computing capacity is effectively 100% sold out. Because tech titans are aggressively fighting over limited server space, Coreweave is locking in long term compute deals on increasing premium favourable terms.
Coreweave is currently rated as a Moderate Buy for high conviction growth investors with an average price target of USD 138, an upside potential of 30%.
If you are a long term investor, Coreweave is a Buy as its earnings have verified that the global demand for physical AI infrastructure is not a speculative bubble.
☕️ [Task Coins Giveaway] Daily Market Talk — AI-Infra Stocks Explode as CoreWeave Surges 19%
AI-infrastructure stocks went vertical Wednesday: $Coreweave(CRWV.US) surged 19.5%, $Super Micro Computer(SMCI.US) jumped about 20%, $Nebius(NBIS.US) soared over 30%, and $Lumentum(LITE.US) climbed 14...
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
