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Nvidia-Backed AI Startup Boasts 'Extremely Rapid Revenue Growth' - JPMorgan Initiates With Overweight

Summary

Nvidia-backed AI startup CoreWeave has rapid growth and strong backing but faces volatility ahead. JPMorgan initiates coverage with $43 price target and Overweight rating. Bears worry about future GPU demand, but bulls see potential for high returns.

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Article published on April 22, 2025 by benzinga