This image is trending in the investment community today, and the translation reads: “An artificial intelligence technology company called Coreweave has already received orders worth billions of dollars from Nvidia. One caveat: Coreweave might not even be a real company! A shell company created and supported by NVIDIA and BlackRock, which is NVIDIA's largest shareholder. Some people are already starting to do something similar”
Just because CoreWeave got the H100 card order first, do you suspect that it is cooperating with Nvidia to fake it? This seems like a bit of a logical problem. However, starting with this trigger, Nvidia's “fraud” conspiracy theory continued to ferment, and more speculations and “evidence” were put forward --
Netizens carefully studied Nvidia's Q2 earnings report and found that revenue doubled 102% year over year to US$13.5 billion, but revenue costs only increased 6.8% year over year.In other words, Nvidia achieved impressive growth with almost no additional costs, and the gross margin reached an unheard of 70.1%. This growth that exceeded expectations raised many people's doubts. Among them, the focus of questions about Nvidia's earnings report was CoreWeave.
On August 3, CoreWeave completed through well-known institutions such as Blackstone, Pacific Investment Management, BlackRock, and Carlyle$2.3 billionThe latest rounddebt financingThe collateral was an Nvidia GPU. Nvidia's Q2 earnings report released later showed revenue of US$13.51 billion. Analysts' expectations...