CoreWeave (CRWV) continues to see overwhelming demand for artificial intelligence computing infrastructure as its close relationship with Nvidia (NASDAQ: NVDA) positions the company to benefit from accelerating AI investment.<\/p>\n\n\n\n
\u201cWe are struggling to meet demand every day,\u201d CoreWeave CEO Michael Intrator said at the Goldman Sachs Communacopia & Technology Conference. Intrator added that every GPU in CoreWeave\u2019s infrastructure could currently be allocated to multiple customers, highlighting continued supply constraints across the AI computing market.<\/p>\n\n\n\n
Nvidia plays a critical role in CoreWeave\u2019s expansion, supplying the advanced GPUs powering its specialized AI data centers while also holding an approximately 11.5% equity stake in the company.<\/p>\n\n\n\n
The demand environment appears increasingly favorable. Nvidia recently projected approximately 70% revenue growth for fiscal 2028, significantly above previous analyst expectations, while CEO Jensen Huang indicated growth could be even stronger without memory supply constraints.<\/p>\n\n\n\n
CoreWeave is already benefiting from the AI infrastructure boom. Second-quarter revenue surged 112% year over year, while adjusted operating profit more than doubled to $1.5 billion.<\/p>\n\n\n\n
With a total revenue backlog reaching $104 billion, management raised its full-year 2026 revenue forecast to between $12.4 billion and $13.2 billion.<\/p>\n\n\n\n
The combination of limited GPU availability, rising pricing power and sustained enterprise AI spending could provide CoreWeave with significant momentum as demand for computing capacity continues to outpace supply.<\/p>\n","protected":false},"excerpt":{"rendered":"
CEO Michael Intrator says every available GPU could serve multiple customers as AI infrastructure demand drives a $104 billion revenue backlog CoreWeave (CRWV) continues to see overwhelming demand for artificial intelligence computing infrastructure as its close relationship with Nvidia (NASDAQ: NVDA) positions the company to benefit from accelerating AI investment. \u201cWe are struggling to meet […]<\/p>\n","protected":false},"author":2,"featured_media":9405,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"jnews_post_split":[]},"categories":[482,361,311,310],"tags":[1044,421,416,418,417],"coauthors":[454],"_links":{"self":[{"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/posts\/11166"}],"collection":[{"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/comments?post=11166"}],"version-history":[{"count":1,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/posts\/11166\/revisions"}],"predecessor-version":[{"id":11167,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/posts\/11166\/revisions\/11167"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/media\/9405"}],"wp:attachment":[{"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/media?parent=11166"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/categories?post=11166"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/tags?post=11166"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/coauthors?post=11166"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}