CoreWeave Posts Strong Q1 Revenue but Provides Soft Q2 Outlook, Boosts Capex Forecast

Deep News05-08 21:21

CoreWeave, Inc. reported first-quarter revenue of $20.8 billion, exceeding expectations. However, its sales guidance for the second quarter fell below market consensus. The company also raised its capital expenditure forecast for 2026 to a range of $31 billion to $35 billion. Nvidia disclosed an additional $2 billion equity purchase in CoreWeave, which is currently expanding its AI data center infrastructure.

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Comments

  • jbzhang
    05-08 22:57
    jbzhang
    Great article, would you like to share it?
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