CoreWeave stock jumped more than 13% Monday after CEO Michael Intrator pushed back against persistent questions about the useful life of the company's GPUs. Speaking on the Big Technology Podcast, Intrator and Chief Strategy Officer Brian Venturo argued their hardware refresh cycles are sound, reassuring investors worried about depreciation hitting AI infrastructure firms. The timing proved opportune.

Moody's issued a report Monday forecasting $3 trillion in data center spending over five years, naming CoreWeave among six major U.S. hyperscalers planning $500 billion in investments this year alone. The company is also moving quickly on next-generation tech, planning to deploy NVIDIA Rubin architecture by late 2026 for customers building agentic AI systems. Wall Street is taking notice.

Goldman Sachs analyst Gabriela Borges initiated coverage with a Neutral rating and an $86 price target, pointing to CoreWeave’s specialized architecture as a key advantage over legacy cloud providers, though she flagged execution risks and the company’s debt load. With the stock rallying, the market appears to be betting management can deliver on its ambitious infrastructure roadmap.