{"id":238374,"date":"2026-06-28T16:54:00","date_gmt":"2026-06-28T20:54:00","guid":{"rendered":"https:\/\/testing.news-you-need.com\/index.php\/2026\/06\/28\/this-nvidia-backed-artificial-intelligence-ai-infrastructure-stock-has-multibagger-potential-it-is-trading-at-an-incredibly-attractive-valuation-right-now\/"},"modified":"2026-06-28T16:54:00","modified_gmt":"2026-06-28T20:54:00","slug":"this-nvidia-backed-artificial-intelligence-ai-infrastructure-stock-has-multibagger-potential-it-is-trading-at-an-incredibly-attractive-valuation-right-now","status":"publish","type":"post","link":"https:\/\/testing.news-you-need.com\/index.php\/2026\/06\/28\/this-nvidia-backed-artificial-intelligence-ai-infrastructure-stock-has-multibagger-potential-it-is-trading-at-an-incredibly-attractive-valuation-right-now\/","title":{"rendered":"This Nvidia-Backed Artificial Intelligence (AI) Infrastructure Stock Has Multibagger Potential. It Is Trading at an Incredibly Attractive Valuation Right Now"},"content":{"rendered":"<p><a href=\"https:\/\/www.theglobeandmail.com\/investing\/markets\/stocks\/MSFT\/pressreleases\/3024936\/this-nvidia-backed-artificial-intelligence-ai-infrastructure-stock-has-multibagger-potential-it-is-trading-at-an-incredibly-attractive-valuation-right-now\/\">This Nvidia-Backed Artificial Intelligence (AI) Infrastructure Stock Has Multibagger Potential. It Is Trading at an Incredibly Attractive Valuation Right Now<\/a><\/p>\n<p><a href=\"https:\/\/www.theglobeandmail.com\/investing\/markets\/stocks\/MSFT\/pressreleases\/3024936\/this-nvidia-backed-artificial-intelligence-ai-infrastructure-stock-has-multibagger-potential-it-is-trading-at-an-incredibly-attractive-valuation-right-now\/\">https:\/\/www.theglobeandmail.com\/investing\/markets\/stocks\/MSFT\/pressreleases\/3024936\/this-nvidia-backed-artificial-intelligence-ai-infrastructure-stock-has-multibagger-potential-it-is-trading-at-an-incredibly-attractive-valuation-right-now\/<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-06-28 16:54:00<\/a><\/p>\n<p>Source Domain: <a href=\"www.theglobeandmail.com\">www.theglobeandmail.com<\/a><\/p>\n<p>Here are five key points summarizing the article you provided about CoreWeave:<\/p>\n<ul>\n<li>\n<p><strong>Investment by Nvidia<\/strong>: In January of this year, Nvidia invested $2 billion in CoreWeave to help the neocloud infrastructure provider build AI factories powered by its chips.<\/p>\n<\/li>\n<li>\n<p><strong>Massive Backlog<\/strong>: CoreWeave has a significant revenue backlog of $99.4 billion, which grew at a rate of 284% year over year in Q1, owing to massive contracts from AI companies and hyperscalers like Meta Platforms and Microsoft.<\/p>\n<\/li>\n<li>\n<p><strong>Diversifying Client Base<\/strong>: CoreWeave&#8217;s clientele for AI data centers is not limited to tech giants; it includes companies like OpenAI, Anthropic, and financial services firms such as Jane Street and Hudson River Trading.<\/p>\n<\/li>\n<li>\n<p><strong>Growth Prospects<\/strong>: CoreWeave&#8217;s active data center power capacity exceeded 1 GW in Q1 and it aims to build 8 GW by the end of the decade. This could drive substantial revenue growth, especially as its estimated bottom line increases with the conversion of backlog into actual revenue.<\/p>\n<\/li>\n<li>\n<p><strong>Valuation and Future Potential<\/strong>: Despite debt and capital-intensive expansions, CoreWeave&#8217;s stock has appreciated since its investment by Nvidia. Trading at just under 8 times sales, it presents potential multibagger growth due to its strong growth metrics and the booming demand for AI data centers in the future.<\/p>\n<\/li>\n<\/ul>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This Nvidia-Backed Artificial Intelligence (AI) Infrastructure Stock Has Multibagger Potential. It Is Trading at an&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[14],"tags":[],"class_list":["post-238374","post","type-post","status-publish","format-standard","hentry","category-artificial-intelligence"],"_links":{"self":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/238374"}],"collection":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=238374"}],"version-history":[{"count":0,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/238374\/revisions"}],"wp:attachment":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=238374"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=238374"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=238374"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}