CRWV

<p>CoreWeave stated in a conference call that due to delays in the delivery of the "power shell" from a third-party data center developer, the company has significantly lowered its full-year capital expenditure guidance for 2025 from a previous high to USD 12 billion - 14 billion. However, the company is in a "supply-constrained" environment, with customer demand for AI computing power far exceeding current capacity. The market demand across various GPU generations remains strong</p>

- CoreWeave reported a mixed Q3 performance, with revenue reaching $1.4 billion, a 134% year-over-year increase, and a backlog of $55.6 billion, nearly double from Q2.  
- However, due to delivery delays, the company significantly reduced its 2025 capital expenditure guidance to $12-14 billion, down 40% from previous estimates, while projecting that 2026 capital expenditures will exceed double that of 2025.  
- The management emphasized that the delays are temporary and related to power shell delivery, not demand, as customer interest in AI computing remains strong.

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Coreweave

Coreweave conference call: This year's capital expenditure guidance is lowered by 40%, mainly due to delivery delays and the continued strength of older generation GPU prices