Prediction: This AI Infrastructure Stock Could Quietly Become a Market Leader

The good news isn't stopping for CoreWeave (NASDAQ: CRWV) investors as more and more evidence of the robust demand for the neocloud provider's cloud computing infrastructure emerges. CoreWeave is known for operating artificial intelligence (AI) data centers in Europe and the U.S., and major tech giants have been lining up to rent its data center capacity so that they can run AI workloads in the cloud. The company just struck another multibillion-dollar deal that's set to give its already booming revenue pipeline a massive boost.It won't be surprising to see CoreWeave becoming a leader in the AI infrastructure market in the long run. Let's see why that's likely to be the case.CoreWeave's AI data centers are powered by graphics processing units (GPUs) from Nvidia. The company has been buying up Nvidia's latest GPUs, and that's a big reason why companies such as Microsoft, Meta Platforms, OpenAI, and others have been queuing up to lease its data center capacity.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool