Nvidia's CEO Highlights Computing Power as Profit Engine at Computex
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 8 hours ago
0mins
Source: CNBC
- AI Market Rebound: Nvidia's stock surged 6% following Jensen Huang's keynote, reflecting renewed investor confidence in AI infrastructure despite rising oil prices and setbacks in U.S.-Iran peace talks, contributing to the S&P 500 reaching another record high.
- Computing as Revenue: Huang's assertion that 'compute is revenue' highlighted the potential returns from investments in data center operators and Nvidia chip buyers, effectively countering narratives of excessive AI infrastructure spending and bolstering market confidence in Nvidia.
- Stock Price Surge for Related Companies: Following the keynote, shares of Oracle, Nebius, and CoreWeave rose by 9.9%, 14.5%, and 14% respectively, indicating market validation of their AI investments, particularly alleviating concerns surrounding Oracle's substantial spending in the past year.
- Portfolio Recommendation: Cramer advised investors to hold shares of Nvidia alongside Amazon and Alphabet, despite the latter two developing competing custom chips, emphasizing the significant opportunities within the AI market that warrant diversified investments.
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Analyst Views on CRWV
Wall Street analysts forecast CRWV stock price to rise
25 Analyst Rating
12 Buy
13 Hold
0 Sell
Moderate Buy
Current: 109.530
Low
68.00
Averages
123.23
High
180.00
Current: 109.530
Low
68.00
Averages
123.23
High
180.00
About CRWV
CoreWeave, Inc. is a cloud infrastructure technology company. The Company offers the CoreWeave Cloud Platform, which consists of software and cloud services that deliver the automation and efficiency needed to manage complex artificial intelligence (AI) infrastructure. Its CoreWeave Cloud Platform is an integrated solution that is purpose-built for running AI workloads such as model training and inference. Its solutions include infrastructure services, managed software services, and application software services. Its Infrastructure Services provide its customers with access to advanced graphics processing unit (GPU) and central processing unit (CPU) compute, highly performant networking, and storage. Its Managed Software Services include CKS, a flexible virtual private cloud and a bare metal service that runs kubernetes directly on high-performance servers. Its Application Software Services build on top of its infrastructure and managed software services, integrating additional tools.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Vera CPU Introduction: Nvidia introduced the Vera CPU, a high-performance processor designed for the age of agentic AI, which is 1.8 times faster than legacy x86 processors and is now in full production, with notable customers including Anthropic, OpenAI, and SpaceX, indicating strong market demand and competitive positioning.
- Massive Market Opportunity: The global AI PC market is projected to grow from $58 billion in 2025 to $321 billion by 2035, with Nvidia's Vera CPU opening a new $200 billion total addressable market, and the company expects nearly $20 billion in CPU revenue this year, further solidifying its market leadership.
- Strong Financial Performance: Nvidia reported record revenue of $81.6 billion for Q1 of fiscal 2027, an 85% year-over-year increase, with data center revenue reaching $75 billion, up 92%, and management guiding for a 95% revenue growth in Q2, showcasing the company's robust growth potential and investment appeal.
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- New Processor Launch: Nvidia unveiled the RTX Spark AI superchip, which integrates the Arm-based Grace CPU and Blackwell GPU to deliver a native Windows experience for personal computers, marking a 'reinvention of the computer' and is expected to garner support from companies like Microsoft, Dell, and HP.
- Vera CPU Market Opportunity: The newly launched Vera CPU is up to 1.8 times faster than legacy x86 processors, entering a brand-new $200 billion total addressable market, and is anticipated to become a major user in computing, attracting clients like Anthropic, OpenAI, and SpaceX.
- Optimistic Financial Outlook: Nvidia reported record revenue of $81.6 billion for Q1 of fiscal 2027, an 85% year-over-year increase, and is guiding for a 95% revenue growth in Q2, indicating strong market demand and significant growth potential ahead.
See More
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- AI Market Rebound: Nvidia's stock surged 6% following Jensen Huang's keynote, reflecting renewed investor confidence in AI infrastructure despite rising oil prices and setbacks in U.S.-Iran peace talks, contributing to the S&P 500 reaching another record high.
- Computing as Revenue: Huang's assertion that 'compute is revenue' highlighted the potential returns from investments in data center operators and Nvidia chip buyers, effectively countering narratives of excessive AI infrastructure spending and bolstering market confidence in Nvidia.
- Stock Price Surge for Related Companies: Following the keynote, shares of Oracle, Nebius, and CoreWeave rose by 9.9%, 14.5%, and 14% respectively, indicating market validation of their AI investments, particularly alleviating concerns surrounding Oracle's substantial spending in the past year.
- Portfolio Recommendation: Cramer advised investors to hold shares of Nvidia alongside Amazon and Alphabet, despite the latter two developing competing custom chips, emphasizing the significant opportunities within the AI market that warrant diversified investments.
See More
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- Positive Market Reaction: Following the keynote, Nvidia's stock surged by 6%, and the S&P 500 also reached a record high, indicating a growing market confidence in AI investments despite rising oil prices and setbacks in U.S.-Iran peace talks.
- Restoration of Investor Confidence: Cramer noted that Huang's assertion that 'compute is revenue' effectively countered concerns about excessive AI infrastructure spending, further solidifying investor confidence in Nvidia and its partners.
- Competitive Landscape: Despite Amazon and Alphabet developing custom chips that compete with Nvidia's products, Cramer advises investors to hold shares in Nvidia alongside these hyperscalers, emphasizing the significant market opportunities available.
See More
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- Volume Surge: Today's trading volume reached 54 million shares, approximately 90% above the three-month average of 28.4 million shares, indicating robust investor interest in CoreWeave's growth potential.
- Technological Leadership: CoreWeave became the first company to deploy the Nvidia Vera Rubin NVL72 system on its cloud platform, integrating advanced GPUs, CPUs, and high-performance network interface cards, thereby solidifying its competitive edge in the AI infrastructure sector.
- Index Inclusion: CoreWeave will be added to the Russell 3000 Index on June 27, marking an increase in its recognition within the tech sector and potentially attracting more institutional investor interest.
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- Market Attention: Nvidia CEO Jensen Huang highlighted CoreWeave at the Computex event in Taipei, naming it among a select few hyperscalers soon to offer this technology to data center customers, which has increased market interest in CoreWeave.
- Partner Support: Dell CEO Michel Dell tweeted about delivering the first liquid-cooled Nvidia Vera Rubin NVL72 server rack for CoreWeave, showcasing Dell's confidence in CoreWeave's technology and potentially paving the way for future collaborations between the two companies.
- Stock Performance: Despite CoreWeave's underperformance over the past year, today's 14% surge may signal the beginning of a renewed attempt to test higher price levels, as market confidence in its growth potential is starting to recover.
See More
Nvidia GTC Taipei Conference Unveils New AI Opportunities
- AI Superchip Launch: At the GTC Taipei Conference, Nvidia unveiled the RTX Spark, an AI superchip developed in collaboration with Microsoft, which combines the Arm-based Grace CPU and Blackwell GPU to deliver a native Windows experience for personal computers, marking a reinvention of computing and potentially enhancing Nvidia's penetration into the PC market.
- Vera CPU Introduction: Nvidia introduced the Vera CPU, a high-performance processor designed for the age of agentic AI, which is 1.8 times faster than legacy x86 processors and is now in full production, with notable customers including Anthropic, OpenAI, and SpaceX, indicating strong market demand and competitive positioning.
- Massive Market Opportunity: The global AI PC market is projected to grow from $58 billion in 2025 to $321 billion by 2035, with Nvidia's Vera CPU opening a new $200 billion total addressable market, and the company expects nearly $20 billion in CPU revenue this year, further solidifying its market leadership.
- Strong Financial Performance: Nvidia reported record revenue of $81.6 billion for Q1 of fiscal 2027, an 85% year-over-year increase, with data center revenue reaching $75 billion, up 92%, and management guiding for a 95% revenue growth in Q2, showcasing the company's robust growth potential and investment appeal.
See More
Nvidia Expands into CPU Market Amid AI Dominance
- AI Market Leadership: At the GPU Technology Conference in Taipei, Nvidia showcased its dominance in the artificial intelligence sector, with CEO Jensen Huang's keynote emphasizing the company's pivotal role in the AI revolution, which is expected to further drive stock price increases.
- New Processor Launch: Nvidia unveiled the RTX Spark AI superchip, which integrates the Arm-based Grace CPU and Blackwell GPU to deliver a native Windows experience for personal computers, marking a 'reinvention of the computer' and is expected to garner support from companies like Microsoft, Dell, and HP.
- Vera CPU Market Opportunity: The newly launched Vera CPU is up to 1.8 times faster than legacy x86 processors, entering a brand-new $200 billion total addressable market, and is anticipated to become a major user in computing, attracting clients like Anthropic, OpenAI, and SpaceX.
- Optimistic Financial Outlook: Nvidia reported record revenue of $81.6 billion for Q1 of fiscal 2027, an 85% year-over-year increase, and is guiding for a 95% revenue growth in Q2, indicating strong market demand and significant growth potential ahead.
See More
Nvidia's CEO Highlights Computing Power as Profit Engine at Computex
- AI Market Rebound: Nvidia's stock surged 6% following Jensen Huang's keynote, reflecting renewed investor confidence in AI infrastructure despite rising oil prices and setbacks in U.S.-Iran peace talks, contributing to the S&P 500 reaching another record high.
- Computing as Revenue: Huang's assertion that 'compute is revenue' highlighted the potential returns from investments in data center operators and Nvidia chip buyers, effectively countering narratives of excessive AI infrastructure spending and bolstering market confidence in Nvidia.
- Stock Price Surge for Related Companies: Following the keynote, shares of Oracle, Nebius, and CoreWeave rose by 9.9%, 14.5%, and 14% respectively, indicating market validation of their AI investments, particularly alleviating concerns surrounding Oracle's substantial spending in the past year.
- Portfolio Recommendation: Cramer advised investors to hold shares of Nvidia alongside Amazon and Alphabet, despite the latter two developing competing custom chips, emphasizing the significant opportunities within the AI market that warrant diversified investments.
See More
Jensen Huang's Computex Keynote Highlights AI Infrastructure Profit Potential
- Winners in AI Infrastructure: Jensen Huang's keynote at Computex highlighted that the AI infrastructure boom is creating opportunities not just for Nvidia but also for companies like Arm Holdings, Oracle, Nebius, and CoreWeave, showcasing the broad profit potential in the industry.
- Positive Market Reaction: Following the keynote, Nvidia's stock surged by 6%, and the S&P 500 also reached a record high, indicating a growing market confidence in AI investments despite rising oil prices and setbacks in U.S.-Iran peace talks.
- Restoration of Investor Confidence: Cramer noted that Huang's assertion that 'compute is revenue' effectively countered concerns about excessive AI infrastructure spending, further solidifying investor confidence in Nvidia and its partners.
- Competitive Landscape: Despite Amazon and Alphabet developing custom chips that compete with Nvidia's products, Cramer advises investors to hold shares in Nvidia alongside these hyperscalers, emphasizing the significant market opportunities available.
See More
CoreWeave Shares Surge 14.10% on AI Infrastructure News
- Stock Performance: CoreWeave's shares surged 14.10% to close at $124.82, reflecting strong market confidence in its AI infrastructure management capabilities, particularly driven by the deployment of the Nvidia Vera Rubin NVL72 system.
- Volume Surge: Today's trading volume reached 54 million shares, approximately 90% above the three-month average of 28.4 million shares, indicating robust investor interest in CoreWeave's growth potential.
- Technological Leadership: CoreWeave became the first company to deploy the Nvidia Vera Rubin NVL72 system on its cloud platform, integrating advanced GPUs, CPUs, and high-performance network interface cards, thereby solidifying its competitive edge in the AI infrastructure sector.
- Index Inclusion: CoreWeave will be added to the Russell 3000 Index on June 27, marking an increase in its recognition within the tech sector and potentially attracting more institutional investor interest.
See More
CoreWeave Shares Surge 14.3% on AI Accelerator Validation
- Technological Breakthrough: CoreWeave announced the completion of the industry-first Nvidia Vera Rubin NVL72 single rack-scale AI accelerator validation, significantly enhancing inference efficiency with up to 10× better performance per watt, reducing GPU usage by one-fourth, and cutting costs to one-tenth per million tokens, indicating the company's leadership in AI data center technology.
- Market Attention: Nvidia CEO Jensen Huang highlighted CoreWeave at the Computex event in Taipei, naming it among a select few hyperscalers soon to offer this technology to data center customers, which has increased market interest in CoreWeave.
- Partner Support: Dell CEO Michel Dell tweeted about delivering the first liquid-cooled Nvidia Vera Rubin NVL72 server rack for CoreWeave, showcasing Dell's confidence in CoreWeave's technology and potentially paving the way for future collaborations between the two companies.
- Stock Performance: Despite CoreWeave's underperformance over the past year, today's 14% surge may signal the beginning of a renewed attempt to test higher price levels, as market confidence in its growth potential is starting to recover.
See More
