CoreWeave rents out massive banks of Nvidia GPUs and cloud infrastructure to companies building AI models—think of it as the heavy-equipment rental yard for the AI gold rush.
Revenue hit USD 5.13B in 2025 with a 71.68% gross margin, but the company lost USD 1.17B net—the money comes from GPU cloud rentals, yet heavy depreciation and expansion costs eat the profits.
CoreWeave's scale and access to scarce Nvidia chips give it a real edge, but Amazon Web Services, Microsoft Azure, and Google Cloud are pouring billions into the same AI infrastructure, actively eroding its cost and capacity advantages.
Sell (sector percentile 27) — value D, growth A-, profitability C-, momentum D, revisions B. Updated daily, sector-relative, identical for every user.
Key events, in time order
AI Squared, Avanda buy shares, but Burry discloses short, signaling divergence
Quant firm HRT to use CoreWeave for AI research, gaining early access to Nvidia's Vera Rubin
Q2 revenue $2.58B, raised guidance, new contracts have 5-10% higher contribution margins, pricing up ~25%
Sold on Aug 14 at avg $108.75, drawing market attention
CEO, COO, CDO and others sold ~$57M combined on Aug 10-11, partly for tax or planned trades
Multi-year renewal on 2020-era A100s through 2029 challenges obsolescence fears, boosting revenue visibility
MasterClass selects CoreWeave Cloud to evaluate and improve AI teaching agents, expanding AI use cases
Company discloses >$25B net new customer commitments in early Q3, excluded from $104B backlog
Q2 revenue was $2.6 billion, up 112% year-over-year, with revenue backlog reaching $104.2 billion.
Three facilities totaling 360MW mark company's first APAC presence
Bernstein says Nvidia may prioritize SpaceX for limited chips, negative for neoclouds
IMC expands AI cloud usage incl. CKS; Roundhill Neocloud ETF launches with CRWV as #2 holding
Secures priority access to enterprise SSD capacity for AI cloud storage
Long-term growth story intact, valuation more compelling
Multiple independent X accounts confirm ARK's purchase, showing contrarian institutional buying amid selloff
AI infrastructure longs and software shorts unraveled together, forcing a wholesale exit from the public book
Non-discretionary sale; retains 7,167 direct shares and 100,000 derivative securities
Shares fell to $60.55; CEO sold 307,692 shares at $80.85 on July 14, adding to bearish sentiment
None yet
None yet
CoreWeave is positioned as a key player in the AI compute market, benefiting from Nvidia's distribution strategy and securing significant deals. However, recent price drops and high debt levels raise concerns.
Main discussion
Different voices
The AI compute market is splitting into two very different businesses with neoclouds like $CRWV & $NBIS pricing the same GPUs far below hyperscalers like $AMZN, $MSFT & $ORCL. At the same time you can see how newer chips are still commanding higher hourly rates while delivering m
$NVDA neocloud strategy is effectively about building a distribution layer that keeps its GPUs flowing outside the hyperscalers. In return for roadmap access, capital and capacity support, providers like $CRWV and $NBIS give Nvidia another channel to reach AI customers while also
Hudson River Trading has signed a multi-year, multi-billion dollar deal with CoreWeave, making it one of the first firms to get wide-scale access to Nvidia’s Vera Rubin chips to help build new trading research and models. $CRWV $NVDA
$CRWV Gave the entire earnings move and then some back. 85 needs to hold or more pain here https://schrts.co/juigGFXq
$NVDA $NBIS $CRWV $IREN Nvidia just told its biggest customers that servers with its AI chips are going up more than 15%, with memory costs the main driver. It hits the flagship Vera Rubin and Grace Blackwell systems, and Microsoft, Google and Oracle have already been notified. H
The AI trade has a pressure point, and the long end just found it. CoreWeave fell 12% this week. Debt to equity over 14. Roughly $30B in long-term debt. $9.4B in Q2 capex alone. It dragged Nebius and Applied Digital down with it. Micron fell 7% in a broad semi selloff. Here is th
No comments yet.
Facts and opinions separated · All items sourced · Not investment advice
