Why CoreWeave (CRWV) rose 19.21% on August 4, 2026

CoreWeave (CRWV) rose 19.21% on August 4, 2026 — Indonesia data center expansion scales GPU capacity.

CoreWeave announced expansion into Indonesia with three new data centers, driving a 19.2% jump — a concrete step to add regional GPU hosting capacity.

New data center footprint directly translates to incremental revenue capacity and reduces geographic constraint risk; three Indonesian facilities signal management confidence in demand from regional AI workloads…

CoreWeave is a core GPU Neocloudcompute player, enabling decentralized AI compute by leasing GPU capacity globally.

If the buildout is delayed, underfunded, or fails to attract anchor customers (model builders, studios), the capacity will generate no revenue.