How Parkev Tatevosian, CFA’s view on $NVDA changed

Nvidia and Micron are two of the companies benefiting most from the huge increase in spending on creating data centers. Micron's revenue increased by more than 4 x in its most recently completed quarter from the same time last year, while Nvidia's revenues have soared to approach $303 billion.

Coreweave delivered fantastic news for Nvidia stock investors, suggesting that demand versus supply still remains in the favor of the sellers.

Boy, that's great news to hear if you're an Nvidia shareholder or if you're a Coreweave stock investor.

So Nvidia serves as the backbone, the primary supplier and main financial guarantor for Coree's ever expansive Neocloud operation. These data centers that coreweave operates are using components provided by Nvidia and then even beyond supplying 100% of the advanced GPUs powering Coreweave's data centers. So it's exclusive relationship with Coreeave.