CoreWeave Soars 13% on CEO's GPU Depreciation Rebuttal—What's Next for the Neocloud Giant?

Summary
• CoreWeave (CRWV) surges 12.99% intraday to $90.55, hitting a 52-week high of $90.60.
• CEO Michael Intrator’s podcast defense of GPU useful life sparks investor optimism.
• Moody’s $3T data-center investment forecast and NVIDIA Rubin integration add tailwinds.

CoreWeave’s 13% rally on January 12, 2026, marks a pivotal moment for the neocloud sector. The stock’s sharp rebound follows CEO Michael Intrator’s rebuttal of GPU depreciation concerns, reigniting momentum in AI infrastructure stocks. With a 52-week range of $33.52–$187.00 and a dynamic P/E of -45.49, the stock’s volatility underscores its high-growth, high-risk profile.

CEO’s GPU Depreciation Rebuttal Sparks Rally
CoreWeave’s 13% surge stems directly from CEO Michael Intrator’s recent podcast appearance, where he and Chief Strategy Officer Brian Venturo refuted concerns about GPU useful life. This rebuttal addressed a key headwind for AI infrastructure firms, with investors interpreting the comments as a validation of CoreWeave’s business model. The move coincided with Moody’s $3 trillion data-center investment forecast and NVIDIA Rubin integration plans, amplifying bullish sentiment. The stock’s performance also lifted peers like Nebius and Oracle, signaling sector-wide optimism.

Cloud Computing Sector Gains Momentum as CoreWeave Leads Rally
The Cloud Computing sector, led by CoreWeave, saw broad-based gains as investor confidence in AI infrastructure rebounded. Moody’s projection of $3 trillion in data-center investments over five years and NVIDIA’s Rubin technology integration positioned CoreWeave as a key player in the neocloud space. Sector peers like Oracle and Nebius mirrored CoreWeave’s upward trajectory, reflecting shared tailwinds from AI-driven demand and regulatory clarity on GPU depreciation.

Options and ETFs for Navigating CoreWeave’s Volatility
• Technical Indicators: RSI at 63.69 (neutral), MACD above signal line (bullish), 30D SMA at $78.38 (below current price).
• Key Levels: Support at $76.62 (middle Bollinger Band), resistance at $87.84 (upper Bollinger Band).

CoreWeave’s 13% intraday surge and elevated volatility (IV ratio at 110.18%) present high-risk, high-reward opportunities. The stock’s RSI and MACD suggest short-term bullish momentum, but its -45.49 P/E and $40B market cap highlight structural risks. Two standout options from the chain are:

• CRWV20260116C80: Call option with strike $80, expiring 2026-01-16. IV ratio: 101.30% (high), leverage ratio: 7.84%, delta: 0.8733 (high), theta: -0.7901 (rapid time decay), gamma: 0.0193 (moderate sensitivity). Turnover: $2.55M. This contract offers aggressive upside potential if the stock holds above $80, with leverage amplifying gains in a continuation rally.
• CRWV20260116P80: Put option with strike $80, expiring 2026-01-16. IV ratio: 85.78% (moderate), leverage ratio: 131.75%, delta: -0.0919 (low), theta: -0.0773 (slow decay), gamma: 0.0181 (moderate sensitivity). Turnover: $950K. This put offers downside protection if the rally falters, with high leverage amplifying returns in a pullback.

Payoff Estimation: A 5% upside to $95 would yield a 15.6% gain on the $80 call (max profit: $15/share). A 5% downside to $85 would see the $80 put gain 6.3% (max profit: $5/share). Aggressive bulls should target the $80 call for a continuation play, while cautious investors may hedge with the $80 put. Watch for a break above $90.60 to confirm bullish momentum.

Backtest CoreWeave Stock Performance
The backtest of CRWV's performance after a 13% intraday surge from 2022 to now shows favorable results. The 3-Day win rate is 50%, the 10-Day win rate is 51.09%, and the 30-Day win rate is 53.26%, indicating a higher probability of positive returns in the short term. The maximum return during the backtest was 18.96%, which occurred on day 28, suggesting that CRWV can deliver significant gains following the intraday surge.

CoreWeave’s Volatility Intensifies—Position for a Breakout or Reversal
CoreWeave’s 13% rally underscores its role as a barometer for neocloud sector sentiment. The stock’s technicals and options activity suggest a high-probability continuation of the bullish trend, but its -45.49 P/E and $40B market cap highlight structural risks. Investors should monitor the $90.60 intraday high for a breakout confirmation and the $80 support level for a potential reversal. Meanwhile, Amazon (AMZN), the sector leader, rose 0.42%, signaling broader tech-sector strength. Act now: Buy the $80 call for a leveraged bet on a $95 target or hedge with the $80 put to protect against a $85 pullback.