VanquishTrader
Options Prop Trading Firm
Core Scientific is positioned for the AI capacity shortage as AI companies and labs race to lock in capacity years ahead. It leases compute to CoreWeave and signed an AMD deal for up to 2.5GW of future capacity. AI cloud backlogs have passed $150 billion, and one provider said it could sell out its 2027 capacity at today's terms. x.comÂ
CoreWeave's long-term AI customer relationships distinguish it from SpaceX's short-term rentals of compute capacity unused by Grok. CoreWeave also does not compete with its AI customers, undercutting the claim that SpaceX will displace it. x.comÂ
Rising GPU rental rates and Anthropic's compute margins challenge claims of collapsing demand for CoreWeave's capacity. The WSJ reported Anthropic's first-half revenue of $16.3B against $9B in compute and infrastructure spending; Bloomberg reported its Q3 compute margin above 40%. Long contracts and fully amortizing loans cushion demand declines but cap upside. Despite the challenging neocloud model, CoreWeave's risk/reward is by far the best and its quality well ahead of peers. x.com x.com … Show more
Core Scientific's failure to secure a data center deal in an environment this strong is a bad sign, coming after the CoreWeave delays. x.comÂ
CoreWeave looks positioned to be one of the biggest beneficiaries of years of demand for GPU computing at scale. It should be one of the most important players in the AI infrastructure buildout, with Jensen Huang and Nvidia deeply tied to it. At $50 a share, its debt load is not a concern; the stock could look like one of the best buying opportunities by decade-end. x.com x.comÂ
Contracted AI compute demand makes four AI infrastructure stocks worth buying at 52-week lows. Applied Digital has a $36B backlog and expects 600+ MW online within 12 months; Cipher Mining has $8.5B+ in AI leases with payments ramping; CleanSpark has a 20-year $6.6B lease and 1.8+ GW power portfolio; CoreWeave has a $104B backlog and raised its year-end ARR target to $18.5-19.5B. x.com x.comÂ
Premium-model inference revenue could support much higher compute pricing for AI infrastructure providers. Evercore models over $120M/MW in potential lab revenue while labs pay roughly $30-50M/MW for compute. With power and GPUs scarce, SpaceX AI, Nebius, IREN and CoreWeave can capture the biggest uplift over historical pricing if they deliver contracted high-density capacity. x.com x.comÂ
Compute rental can produce operating profits, validating the neocloud case for CoreWeave, Nebius and Applied Digital. SPCX's reported data point counters last week's CoreWeave-Anthropic hit piece on AI demand. x.comÂ
CoreWeave's financing looks more vulnerable amid a debt-market pullback for AI-data-center-dependent companies. Elon Musk says access has almost entirely shut off in recent weeks for firms without substantial revenue outside AI data centers, and expects few of the 200-plus neoclouds to survive consolidation. x.comÂ
Core Scientific has stopped being a bitcoin miner and become a contracted AI-infrastructure landlord with years of revenue visibility. Its Q2 loss is mostly a non-cash warrant mark, not a broken business. AMD signed as anchor tenant for over 500 MW from 2027, scalable to 2.5 GW, earning warrants only as capacity comes online. The test is on-schedule delivery into 2027; if AMD and CoreWeave both scale as contracted, this is one of the more de-risked demand stories in the AI power trade. x.com … Show more
CoreWeave is securing power and capacity in India, one of the fastest-growing AI markets, before demand fully arrives. It will be sole tenant of 240 MW at AdaniConneX's Navi Mumbai campus, three 80 MW buildings for high-density AI, with an option for another 240 MW. It plans to deploy NVIDIA Vera Rubin there, with the first phase expected online in mid-2028. x.comÂ
