From Nasdaq: 2025-06-01 04:57:00

Nvidia (NASDAQ: NVDA) reported impressive first-quarter earnings, with revenue up 69% to $44.1 billion, surpassing estimates. Data center revenue saw a 73% jump to $39.1 billion. Despite a $4.5 billion write-down, the gross margin was 71.3%, and adjusted earnings per share came in at $0.81. Looking ahead, Nvidia forecasts $45 billion in revenue for the second quarter. CoreWeave (NASDAQ: CRWV), a provider of generative AI-focused cloud computing services, saw its stock rise after Nvidia disclosed a stake. CoreWeave’s revenue surged 420% in its first public quarter, showing strong growth potential in the AI market.

Investors are considering CoreWeave as a potential investment due to its connection to Nvidia and its strong growth prospects in the AI industry. While Nvidia remains a leader in AI infrastructure, CoreWeave’s smaller size and higher volatility offer a unique opportunity for investors seeking exposure to the AI sector. CoreWeave’s recent IPO and strong financial performance signal a promising future, especially with the rising demand for AI infrastructure. Consider joining Stock Advisor for the latest insights on top-performing stocks.



Read more at Nasdaq: Nvidia’s Q1 Results Were Great, but This AI Stock Could Be a Bigger Winner