CoreWeave is Joining the Nasdaq-100. Is the Stock a Buy?

CoreWeave, an AI infrastructure company providing GPU compute access, is joining the Nasdaq-100 index on June 22, 2026. The stock has surged 194% since its IPO over a year ago, driven by triple-digit revenue growth and a $100 billion contracted order backlog. While the Nasdaq-100 inclusion may provide short-term momentum, the article suggests buying CoreWeave for its long-term growth potential, strong Nvidia partnership, and increasing customer diversification—though it carries risks due to high leverage and debt reliance.