CoreWeave, Inc.
(NASDAQ:CRWV) stock jumped in Wednesday’s premarket session as investors focused on stronger AI compute pricing, higher revenue guidance and continued demand for large-scale AI infrastructure.
The company said it raised prices by about 25% across AI compute offerings in July to reflect strong demand and higher component costs, including more expensive GPUs.
Management also said demand for NVIDIA’s Vera Rubin platform remains "enormous," while contribution margins on new deals are rising by 5 to 10 percentage points.
CoreWeave lifted its full-year 2026 revenue forecast to $12.4 billion to $13.2 billion and guided third-quarter revenue to $3.45 billion to $3.6 billion.
