AI Infrastructure CEO Says Customers Are Showing 'Relentless' Demand For Nvidia Chips And Nvidia Chips Only: 'They Do Not Want The Other Stuff'
Portfolio Pulse from Adam Eckert
CoreWeave CEO Mike Intrator highlighted the relentless demand for Nvidia's AI chips, noting that customers are exclusively seeking Nvidia technology. Despite offering various options, CoreWeave's clients are only interested in Nvidia chips due to their performance. Nvidia has consistently exceeded financial expectations and is seen as a key player in the AI revolution. Nvidia shares have surged 138% year-to-date, although they were down 6.59% at the time of publication.
July 17, 2024 | 7:48 pm
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CoreWeave's CEO emphasized the strong and exclusive demand for Nvidia's AI chips, indicating a robust market preference for Nvidia technology. This demand is expected to continue, supporting Nvidia's strong financial performance and stock price appreciation.
The CEO's comments underscore a strong and ongoing demand for Nvidia's AI chips, which is likely to support Nvidia's financial performance and stock price. The exclusive preference for Nvidia technology highlights its market dominance in the AI chip sector.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100