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CoreWeave Bond Yields Rise and NVIDIA's Financial Risk

The Motley Fool +1 ·

  1. 1CoreWeave's June 9.625% coupon bond yield reached 15%.
  2. 2NVIDIA deployed 2 billion dollars in investments for each neocloud company earlier this year.
  3. 3CoreWeave management stated that its 104 billion dollars in backlog is sufficient for debt obligations.

So what's the key point?

The interest rate on money borrowed by CoreWeave has risen to 15%. This situation is important because NVIDIA is an investor in the company.

Source The Motley Fool +1 · View original ↗

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