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CoreWeave's Growth Story Gets a $6.3 Billion Lifeline: What Long-Term Investors Should Know
Yahoo Finance·2025-09-26 21:15

CFO Nitin Agrawal remarked on the August earnings conference call that CoreWeave's "growth continues to be capacity-constrained, with demand outstripping supply." This is evident from the fact that its contractual backlog increased by close to $14 billion year over year in Q2, driven by the multibillion-dollar contracts the company signed in the quarter.In a filing with the Securities and Exchange Commission (SEC), CoreWeave pointed out that "Nvidia is obligated to purchase the residual unsold capacity" of ...