Wall Street’s AI conversation has become fixated on Nvidia Corp‘s (NASDAQ:NVDA) newest chips. CoreWeave, Inc. (NASDAQ:CRWV), however, used its second quarter earnings call to make a different point: older GPUs may have far more earning power than investors think.
The cloud infrastructure provider revealed it recently signed a customer contract for Nvidia’s A100 GPUs that extends through 2029—nearly a decade after the chip debuted.