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The artificial intelligence (AI) boom has been dominated by one name for years: the chip giant Nvidia (NVDA). However, the next phase of AI growth is increasingly focusing on the infrastructure that supports these workloads at scale. A company that is clearly benefiting from this trend is CoreWeave (CRWV), a cloud provider designed specifically for AI that is quickly becoming important to the world's most advanced AI organizations.
In fact, with its rapid surge of 63% year-to-date (YTD), CRWV stock has outperformed Nvidia’s YTD gain of 27% and the overall market gain of 15%. Nonetheless, Wall Street expects this under-$100 stock to surge close to 187% over the next year.