Nvidia-Backed CoreWeave Poised for 122% Surge as AI Cloud Leader
Argus Research's $200 price target for CoreWeave signals explosive growth potential for the Nvidia-aligned cloud provider. The firm commands 90% of Nvidia's $4.3 billion investment portfolio, having already delivered 125% returns since its March IPO.
CoreWeave's AI-optimized infrastructure, powered exclusively by Nvidia GPUs, outranked AWS, Azure and Google Cloud in SemiAnalysis' benchmarks. First-mover advantage in deploying cutting-edge chips like the H100 and GB200 series cements its technological edge.