Why Customer Concentration Is a Long-Term Test for CoreWeave

Execution will dominate the conversation around CoreWeave (NASDAQ: CRWV) in 2026. Investors will closely watch how it manages capacity delivery, capital discipline, and infrastructure rollout. But beyond those near-term proofs, there's a quieter, more structural issue that could determine CoreWeave's durability as a business over the next decade: customer concentration.Today, a large share of CoreWeave's revenue comes from a small number of artificial intelligence (AI) hyperscalers. That high customer concentration is not a flaw in itself. In the early stages of the AI infrastructure buildout, it was inevitable. Large AI labs were the first operations to need massive GPU capacity, and CoreWeave moved quickly to meet that demand.Still, over the long term, infrastructure businesses become stronger as their reliance on any single customer declines.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool