CoreWeave takes the lead in obtaining the first batch of NVIDIA GB300 servers, with stock prices soaring nearly 9%

Wallstreetcn
2025.07.03 20:05
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CoreWeave's GB300 NVL72 server rack represents NVIDIA's latest generation AI chip technology, and the system is manufactured by Dell Technologies. On Thursday, CoreWeave's stock price rose nearly 9% at the close of the U.S. stock market

AI cloud computing service provider CoreWeave announced that it has received the market's first artificial intelligence server system based on NVIDIA's latest high-end chips.

On July 3rd, according to a statement from system manufacturer Dell, the GB300 NVL72 server rack obtained by CoreWeave represents NVIDIA's latest generation of AI chip technology. The system is manufactured by Dell Technologies, and the first batch of GB300 NVL72 server racks will be assembled and deployed in the United States.

According to media reports, CoreWeave, including clients such as OpenAI, stated that the new system will enable its customers "to develop and deploy larger and more complex AI models faster than ever before." CoreWeave's Chief Technology Officer Peter Salanki stated:

The company is continuously striving to push the boundaries of AI development further, deploying cutting-edge cloud computing capabilities required to train the next generation of AI models.

These new chips were released in March of this year and are expected to hit the market this quarter, representing an upgrade to the current top-tier Grace Blackwell system. Following the announcement, CoreWeave's stock price rose nearly 9% at the close of trading on Thursday.

Cloud Computing Giants Compete to Build AI Infrastructure

CoreWeave's clients include well-known AI companies such as OpenAI. The early deployment of the new system highlights the company's important position in providing cloud computing rental services for businesses that need access to powerful NVIDIA chips for AI software training and operation.

Meanwhile, Dell is also revitalizing its business by focusing on selling AI servers to companies, including xAI, owned by Musk. This reflects the ongoing growth in demand for AI infrastructure across the tech industry.

Despite the strong demand for AI infrastructure, the launch of new chips comes at a time when chip trade policies and the broader global economic environment remain uncertain.

According to reports, Bloomberg Intelligence analyst Steven Tseng wrote in a May report:

We believe that the broader demand outlook for AI servers will also face scrutiny amid ongoing economic and geopolitical uncertainties

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