CoreWeave Sees Strong Demand for Older Nvidia Chips, Justifying AI Capex

CoreWeave is experiencing robust demand for six-year-old Nvidia chips, a trend that helps to justify the current capital expenditures in the AI sector and counters a key bear case on the AI trade.

12 Aug, 20:16 — 12 Aug, 20:16

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cnbcMostly Factual2d ago

CoreWeave counters a key bear case on the AI trade. What it means for our data center stocks

CoreWeave is seeing strong demand for six-year-old Nvidia chips, helping justify all the current AI capex.

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CoreWeave Sees Strong Demand for Older Nvidia Chips, Justifying AI Capex

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CoreWeave counters a key bear case on the AI trade. What it means for our data center stocks

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