Latest news with #MLPerf
Yahoo
5 days ago
- Business
- Yahoo
CoreWeave Vs Nvidia: Which AI Stock is the Better Investment
Backed by Nvidia NVDA, CoreWeave CRWV stock has skyrocketed more than +300% since launching its IPO in late March, as investor confidence has swooned for the AI cloud infrastructure company. To that point, CoreWeave stock is trading over $170 a share, having an asking price that tops Nvidia shares at around $146. This certainly begs the question of whether the hype for CoreWeave stock is overdone or if the company is potentially a better AI investment than chip giant Nvidia. Image Source: Zacks Investment Research Reshaping the AI infrastructure landscape, CoreWeave has become Nvidia's top GPU cloud partner, ahead of traditional hyperscalers like Amazon AMZN, Microsoft MSFT, and Alphabet GOOGL. Having expertise in cutting-edge cloud services optimized for AI workloads, CoreWeave gained early access to Nvidia's high-performance GPUs, including the much-coveted Blackwell chips. Furthermore, CoreWeave has helped Nvidia's much sought-after AI chips build massive AI clusters that broke MLPerf training records, a widely recognized benchmarking suite designed to measure the performance of machine learning hardware, software, and services. It's noteworthy that MLPerf Inference evaluates how quickly and efficiently systems can make predictions using trained models in real-world scenarios like object detection, medical imaging, and generative AI usage. Thanks to its successful partnership with Nvidia, CoreWeave has attracted major clients including OpenAI, Meta Platforms META, and Microsoft. Notably, Microsoft accounted for 62% of CoreWeave's revenue in 2024. Being CoreWeave's major GPU supplier and an early investor, it's safe to say that Nvidia has earned significant revenue from the partnership and the appreciation of its equity stake of over 24 million CRWV shares. Pinpointing the market's high sentiment for CoreWeave and alluding to lucrative earnings potential is the company's rapid top-line expansion. CoreWeave's total sales are expected to skyrocket 164% this year to $5.02 billion compared to $1.9 billion in 2024. Zacks' projections call for CoreWeave's sales to soar another 127% next year to $11.41 billion. Attributed to the AI boom, this type of growth has warranted investors to pull CoreWeave into Nvidia's stratosphere, as Nvidia's top line has expanded over 680% in the last five years from sales of $16.67 billion in its fiscal 2021 to $130.5 billion last year. Nvidia's sales are currently projected to increase 51% in its current fiscal year 2026 and are projected to leap another 25% in FY27 to $247.24 billion. Image Source: Zacks Investment Research Although CoreWeave is not expected to be profitable yet after being founded in 2017, it's still imperative to pay attention to the trend of earnings estimate revisions (EPS). Unfortunately, EPS revisions for fiscal 2025 are noticeably down over the last 60 days from estimates that called for an adjusted loss of -$0.37 a share to -$1.30. More concerning, CoreWeave's FY26 EPS estimates have dipped to -$0.17 a share from projections that called for the company to break even two months ago. Image Source: Zacks Investment Research As for Nvidia, EPS estimates for its FY26 and FY27 are nicely up in the last 30 days, rising 1% and 3% respectively. Known for efficient operational performance, Nvidia's annual earnings are now slated to spike 42% in its FY26 and are projected to climb another 32% in FY27 to $5.60 per share. Image Source: Zacks Investment Research CoreWeave and Nvidia have built a powerhouse AI partnership that should benefit and complement each other for the foreseeable future. That said, the rally in CoreWeave stock does look overdone considering the decline in EPS revisions, making it an ideal time to take profits in CRWV. For now, Nvidia appears to be the better AI investment, with the obvious reasons being its track record of efficiency and productivity. Plus, the trend of rising EPS estimates for NVDA is not overwhelming but does allude to the notion that investors could still be rewarded for holding the chip giant's stock, although there may still be better buying opportunities ahead. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NVIDIA Corporation (NVDA) : Free Stock Analysis Report CoreWeave Inc. (CRWV) : Free Stock Analysis Report Inc. (AMZN) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report Meta Platforms, Inc. (META) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21-06-2025
- Business
- Yahoo
CoreWeave Just Revealed the Largest-Ever Nvidia Blackwell GPU Cluster. Should You Buy CRWV Stock?
CoreWeave (CRWV) has steadily built a name for delivering a purpose-built cloud platform tailored to handle the heavy lifting of large-scale AI workloads with unwavering performance and reliability. As evidence of this, in early June, Coreweave announced record-shattering MLPerf Training v5.0 results using Nvidia's (NVDA) powerful GB200 Grace Blackwell chips. The 'Golden Era' for Tesla Starts June 22. Should You Buy TSLA Stock First? Wall Street Says Supermicro Stock Could Gain 60% in a Year 3 Highly-Rated Dividend Stocks You've Probably Never Heard Of (But Should) Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! A total of 2,496 Blackwell GPUs ran on CoreWeave's AI-optimized cloud, forming the largest-ever GB200 NVL72 cluster benchmarked under MLPerf. That figure stood 34 times larger than the only other cloud provider's submission, sending a strong message to the market about CoreWeave's scalability and dominance. In a space where performance speaks, these MLPerf results reinforce CoreWeave's standing as a serious force behind the infrastructure powering today's most demanding AI breakthroughs. Nestled in Livingston, New Jersey, CoreWeave (CRWV) is transforming the cloud computing world with a market cap now standing at $81.6 billion. From GPU and CPU compute to robust storage, high-speed networking, managed services, and servers, the company covers the entire spectrum of modern cloud needs. After making its public debut in March, CoreWeave has turned heads on Wall Street. Its shares have skyrocketed by nearly 112% in just one month, with a 13.6% leap in the past five days alone. This kind of performance signals conviction, both from the company and the market. At present, CRWV trades at 29.2 times sales, a figure that sits well above the broader industry average. While that premium might raise eyebrows, it also speaks volumes about investor belief in the firm's role as a frontrunner in AI infrastructure. On May 14, CoreWeave reported its Q1 2025 earnings. Revenue surged 420.3% year over year to $981.6 million, outpacing Wall Street's estimate of $852.3 million. Adjusted operating income climbed 549.6% to $162.6 million, while adjusted EBITDA also saw a 479.8% jump from the prior year's quarter, landing at $606.1 million. But the path to scale came with its setbacks. Adjusted net loss rose 534.8% to $149.6 million. Meanwhile, net loss per share widened 140.3% to $1.49, far higher than the $0.16 forecast by analysts. Still, the balance sheet showed strength, with total current assets increasing to $3.1 billion by quarter-end, up from $1.9 billion on Dec 31, 2024. Also, in a strong show of support, Nvidia has raised its post-IPO stake in CoreWeave to 7%. This vote of confidence from the chip giant has given investors reason to stay bullish, signaling belief in CoreWeave's role in the rapidly expanding AI infrastructure landscape. Management has also painted a bold picture for the road ahead. It has guided Q2 revenue between $1.06 billion and $1.1 billion, with adjusted operating income expected to range from $140 million to $170 million. CapEx for Q2 is projected between $3 billion and $3.5 billion, reflecting a strategy to accelerate platform investments and meet growing demand. Furthermore, CoreWeave expects full-year 2025 revenue between $4.9 billion and $5.1 billion, adjusted operating income of $800 million to $830 million, and CapEx ranging from $20 billion to $23 billion. The outlook accounts for the March contract with OpenAI, the $4 billion expansion with a large AI enterprise, and the added impact of Weights & Biases. Analysts expect the Q2 2025 loss per share to widen 100.1% year over year to $0.49. For the full fiscal year, loss per share is forecast to widen again by 100.2% to $2.14. However, 2026 could mark a turning point, with loss per share expected to narrow 73.8% to $0.56. While the company remains in the red for now, its aggressive positioning and deep entrenchment in the AI ecosystem suggest that CoreWeave could emerge as one of the biggest beneficiaries of the next wave of technological transformation. CRWV continues to hold its ground in the market with notable conviction, earning a 'Moderate Buy' consensus. Among the 19 analysts tracking the stock, five are all in with a 'Strong Buy,' one sides with a 'Moderate Buy,' while 12 are treading carefully with a 'Hold.' Only one voices a 'Strong Sell,' underscoring a cautious yet constructive stance. What is particularly striking is CRWV's current trading price, which is just 9% below its Street-high target of $185. On the date of publication, Aanchal Sugandh did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
07-06-2025
- Business
- Business Insider
M&A News: AMD Continues Buying Spree by Acquiring Untether AI's Engineering Team
Chipmaker AMD (AMD) has, for an undisclosed amount, acquired the engineering team from Untether AI, which is a Canadian startup known for developing energy-efficient AI inference chips for edge devices and data centers. According to CRN, the team will now focus on improving AMD's AI software, chip design, and system integration. Untether AI, which will no longer sell its speedAI chips or software, said it was proud of its innovations and looks forward to contributing to AMD. Confident Investing Starts Here: This acquisition follows AMD's recent purchase of compiler startup Brium, as part of its plan to better compete with Nvidia (NVDA). Interestingly, Untether AI's chips, built on an 'at-memory' architecture, had shown significant gains in performance and energy efficiency. Indeed, its speedAI240 Slim card, for example, delivered industry-leading results in MLPerf benchmarks while using less power than competing solutions. The card had already been adopted by companies like J-Squared Technologies and Ola-Krutrim, with the latter having also partnered with Untether to co-develop next-gen data center solutions. Furthermore, Untether AI had built partnerships with firms like Ampere Computing, Arm (ARM), and NeuReality. This was because its chips addressed a growing demand for AI processors that consume less power than traditional GPUs, which are straining modern data center power limits. Nevertheless, AMD will now integrate Untether's expertise into its product portfolio in order to help expand its AI capabilities across a wider range of markets. Is AMD a Buy, Sell, or Hold? Turning to Wall Street, analysts have a Moderate Buy consensus rating on AMD stock based on 22 Buys, 10 Holds, and zero Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average AMD price target of $126.55 per share implies 8.9% upside potential.
Yahoo
06-06-2025
- Business
- Yahoo
Why CoreWeave, Inc. (CRWV) Skyrocketed Today
We recently published a list of . In this article, we are going to take a look at where CoreWeave, Inc. (NASDAQ:CRWV) stands against other Wednesday's best-performing stocks. CoreWeave rallied for a fourth consecutive day on Wednesday, jumping 8.39 percent to close at $163.10 apiece following the unveiling of record-breaking performance results using Nvidia Corp.'s latest Grace Blackwell chips. In a statement, CoreWeave, Inc. (NASDAQ:CRWV) said that it used 2,496 Nvidia GPUs on its AI-optimized cloud platform, making its submission the largest-ever benchmarked under MLPerf. A close-up of a digital cloud, signifying the expansive reach of the software-as-a-service solution. CoreWeave, Inc. (NASDAQ:CRWV) said that the test was 34x larger than the only other submission from a cloud provider. 'AI labs and enterprises choose CoreWeave because we deliver a purpose-built cloud platform with the scale, performance, and reliability that their workloads demand,' said CoreWeave, Inc. (NASDAQ:CRWV) Chief Technology Officer Peter Salanki. 'These MLPerf results reinforce our leadership in supporting today's most demanding AI workloads,' he added. The unveiling followed the company's new $7-billion deal with Applied Digital Corporation (NASDAQ:APLD), which covered two 15-year lease agreements, under which the latter will deliver 250 megawatts of critical IT load to host its artificial intelligence (AI) and high-performance computing (HPC) infrastructure at its Ellendale, North Dakota data center campus. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
05-06-2025
- Business
- Yahoo
Why CoreWeave, Inc. (CRWV) Skyrocketed Today
We recently published a list of . In this article, we are going to take a look at where CoreWeave, Inc. (NASDAQ:CRWV) stands against other Wednesday's best-performing stocks. CoreWeave rallied for a fourth consecutive day on Wednesday, jumping 8.39 percent to close at $163.10 apiece following the unveiling of record-breaking performance results using Nvidia Corp.'s latest Grace Blackwell chips. In a statement, CoreWeave, Inc. (NASDAQ:CRWV) said that it used 2,496 Nvidia GPUs on its AI-optimized cloud platform, making its submission the largest-ever benchmarked under MLPerf. A close-up of a digital cloud, signifying the expansive reach of the software-as-a-service solution. CoreWeave, Inc. (NASDAQ:CRWV) said that the test was 34x larger than the only other submission from a cloud provider. 'AI labs and enterprises choose CoreWeave because we deliver a purpose-built cloud platform with the scale, performance, and reliability that their workloads demand,' said CoreWeave, Inc. (NASDAQ:CRWV) Chief Technology Officer Peter Salanki. 'These MLPerf results reinforce our leadership in supporting today's most demanding AI workloads,' he added. The unveiling followed the company's new $7-billion deal with Applied Digital Corporation (NASDAQ:APLD), which covered two 15-year lease agreements, under which the latter will deliver 250 megawatts of critical IT load to host its artificial intelligence (AI) and high-performance computing (HPC) infrastructure at its Ellendale, North Dakota data center campus. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
