CoreWeave CEO Mike Intrator stated in an interview with CNBC on Wednesday, August 12, that the AI infrastructure market is sending strong signals about demand: even older NVIDIA GPUs, which investors once feared would quickly depreciate, are being booked at full price for years into the future. He noted that the company has booked contracts for 2020-architecture GPUs until 2029, reflecting the immense market demand for computing power and CoreWeave's solutions. This statement is consistent with third-party market information, which indicates that older NVIDIA A100 GPUs "can still generate revenue almost a decade later," and that CoreWeave has secured extended contracts for A100s until 2029.