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Stock-Split Watch: Is CoreWeave Next?

TheMotleyFool

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Large initial public offerings have done well this year. One of them is CoreWeave (NASDAQ: CRWV), a company that fashions data centers with advanced graphics processing units (GPUs) specifically for running large language models and artificial intelligence (AI) applications. Instead of having to build their own infrastructure, a costly and complex undertaking, companies looking to create and run AI applications can essentially rent the infrastructure from CoreWeave.

Since going public in March, CoreWeave has gone on a parabolic run and is already up 200% to a $59 billion market cap (as of July 25). Could a stock split soon be in the cards?

Source Fool.com

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