CoreWeave CEO responds to data center delays as stock plunges 16%. Core Scientific shares fall 10% [MSNBC.com]
Core Scientific, Inc. (CORZ)
Company Research
Source: MSNBC.com
In this articlewatch nowVIDEO5:4005:40CoreWeave CEO responds to data center delay as stock fallsSquawk on the StreetMike Intratorearnings"Quite frankly, every single part of this quarter went exactly as we planned, except for one delay at a singular data center," Intrator told CNBC's "Squawk on the Street" on Tuesday.He then clarified that a "singular data center provider" is more accurate."Some people might think it's one complex, but when I go over the numbers, we're talking about multiple places," CNBC's Jim Cramer said. "And it just so happens that the places are all connected to an outfit calledCore ScientificCramer noted delays at complexes in Texas, Oklahoma and North Carolina.Intrator said the companies have been working together on infrastructure for a long time a would continue work to bring it online. He did not directly confirm that Core Scientific is the third-party provider.CoreWeave tried to acquire Core Scientific for $9 billion earlier this year. Core Scientific share
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CORZ
News
- Core Scientific (NASDAQ:CORZ) was upgraded by analysts at Zacks Research from a "strong sell" rating to a "hold" rating.MarketBeat
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- Meet CoreWeave, the AI industry’s ticking time bomb [Verge, The]Verge, The
CORZ
Earnings
- 8/8/25 - Beat
CORZ
Sec Filings
- 12/1/25 - Form SCHEDULE
- 11/17/25 - Form SCHEDULE
- 11/14/25 - Form SCHEDULE
- CORZ's page on the SEC website