CoreWeave's Potential as an AI Data Center Play

2 months ago

Rachel Pua

"Call Weave, ticker CRWV, is an interesting company. They build and run these data centers that all these AI giants rely on, and although they've been unprofitable, analysts are kind of becoming more bullish on it. They're partnering with Meta, Nvidia, and other big names, and their revenues are expected to hit a record 1.29 billion despite being down 22% this week."

CoreWeave (CRWV) is highlighted as a potential beneficiary of increased AI demand. Despite current unprofitability and a recent 22% decline, key partnerships and revenue expectations suggest a turnaround, lending a cautiously bullish outlook.

Related Stocks