$CoreWeave, Inc.(CRWV)$ I know this is old news from the Q1 conference call, but six new data centers were brought online in Q1, bringing the total from 43 to 49 active ones. I haven't seen this highlighted much on the forum. People keep bringing up the 43 number. This helps explain the high capex that's keeping margins down until the second half of the year. I'm looking forward to hearing how many data centers are opened in Q2, which ends in a few weeks. As the percentage of newly activated data centers versus the total activated continues to go down, the margins will go up.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments