CoreWeave, Inc. (NASDAQ:CRWV) shares are up by more than 8% on Tuesday as the company expands its cloud AI platform into Indonesia.This move marks CoreWeave’s first data center presence in the Asia-Pacific region, which could enhance its ability to serve AI pioneers across Southeast Asia while reflecting a growing demand for AI compute resources.Expands Cloud AI Platform Into IndonesiaCoreWeave recently announced the addition of three new facilities in Indonesia, totaling 360 megawatts of contracted IT power, expected to come online in 2028. This expansion aligns with Indonesia’s national priorities to strengthen digital infrastructure and enhance domestic AI capabilities.Notably, CoreWeave’s Indonesia facilities expand its global AI infrastructure network. As of March 31, 2026, the company operated 49 data centers worldwide, with more than 1GW of active power and over 3.5GW of contracted capacity supporting AI workloads. CRWV Technical Outlook: Trend, Momentum And Key LevelsCurrently, CoreWeave is trading at $92.84, which is more than 10% above its 20-day simple moving average (SMA) of $77.86 but 8.7% below its 50-day SMA of $93.44. The stock has experienced a bearish trend, highlighted by a death cross in July, where the 50-day SMA crossed below the 200-day SMA.The primary momentum indicator, the Relative Strength Index (RSI), is currently at 53.35, indicating a neutral momentum environment. This suggests that the stock is neither overbought nor oversold, providing a balanced view of market sentiment. The Moving Average Convergence Divergence (MACD) is also worth noting, as it indicates pressure building or fading based on its relationship with the signal line.
CoreWeave Breaks Into Indonesia With First APAC Data Center - CoreWeave (NASDAQ:CRWV)
CoreWeave is expanding its AI cloud platform into Indonesia with three new facilities totaling 360 megawatts of contracted IT power.
CoreWeave launches 360 MW Indonesia hub (2028), first APAC data center for surging AI compute demand. $2.56B revenue forecast (+111%) but -$1.27 EPS shows scaling without profitability—critical metric for CTO evaluation of cloud AI vendor viability.









