CoreWeave Has to Selectively Allocate Cloud Capacity -- Market Talk
Dow Jones2026/08/11 22:351832 ET - CoreWeave has to be selective with how it distributes its cloud-computing capacity, Chief Financial Officer Nitin Agrawal says on a Tuesday call, adding that each GPU that comes online has multiple customers asking for its capacity. "We are being disciplined in how we allocate our scarce cloud capacity," Agrawal says. "We are prioritizing opportunities that are strategically important, adding new customers while deepening long term existing relationships and delivering attractive returns that, as [CEO Mike Intrator] noted, are expanding further." Shares gain 14%, to $102.60. (elias.schisgall@wsj.com)
(END) Dow Jones Newswires
August 11, 2026 18:35 ET (22:35 GMT)
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