CoreWeave CEO: If Nvidia Doesn’t Expand Capacity, Customers May Shift to AMD

CoreWeave's CEO underscored that customers may turn to AMD if Nvidia fails to expand its capacity. This statement could heighten uncertainty around Nvidia's manufacturing capacity, potentially creating short‑term selling pressure. Nevertheless, technical indicators (RSI 67.9, rising MACD, SMA20 > SMA50) continue to support a robust uptrend. A modest correction over the next 1–3 days is anticipated, but a major reversal is not expected. Investors are advised to weigh the capacity news alongside technical signals when making decisions.

CoreWeave CEO’s statement hints at a potential shift toward AMD GPUs, which could be a tailwind for CRWV if it supports AMD hardware. However, the price fell 11% in 24 hours, RSI is 33 and MACD is negative, indicating weak short‑term momentum. CRWV’s price is below both the SMA20 and SMA50, supporting a downtrend. Combined with these technical indicators, the news suggests that a clear short‑term upside is unlikely, implying a modest downward trend in the market.

Although the CoreWeave CEO’s statement is a positive signal, AMD’s price has already risen 27% in the last 24 hours and is in an overbought region with an RSI of 81.6. While MACD and SMA indicators support an uptrend, overbought pressure could trigger a short‑term correction. Because Nvidia’s capacity‑expansion decision has not yet been clarified, the impact of this news may remain limited. Consequently, the likelihood of a modest price rebound or stability in the short term is high. Investors are advised to hold their positions, taking into account their risk tolerance.