CoreWeave Stock Surges Nearly 16% After Earnings, Analyst Says Old Nvidia GPUs Can 'Still Generate Revenu

CoreWeave Stock Surges Nearly 16% After Earnings, Analyst Says Old Nvidia GPUs Can 'Still Generate Revenu

CoreWeave Q2 revenue $2.58B (+112.5% YoY), $104B backlog; A100 contract through 2029 shows Nvidia GPUs from 2020 remain productive 8+ years, extending beyond 2-year estimates. GPU ROI horizon lengthens significantly, reducing capex refresh cycles for infrastructure teams—but execution velocity (1.5 of 3.7 GW live) is now the bottleneck.