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0.000349895031490483 0.00123862841147653 -0.000699790062981091 -0.000349895031490608 -0.00279916025192449 0.00349895031490545 0.00279216235129457 0.00174947515745279
Stock impact report

CoreWeave collapse sparks fears of cracks in AI infrastructure boom [Yahoo! Finance]

Core Scientific, Inc. (CORZ) 
Company Research Source: Yahoo! Finance
New details reported Tuesday by the Wall Street Journal highlight how fragile the buildout has become as operational delays collide with heavy leverage and tightening credit conditions. Investors are increasingly focused on two core risks with CRWV, according to the story. First, the company relies heavily on high interest debt to finance purchases of advanced AI chips from NVIDIA (NVDA). Second, the company depends on a small number of large customers, including OpenAI, Microsoft (MSFT) and Meta (META), for the majority of its revenue. Some of CoreWeave's problems stemmed from a basic construction setback, the story continued. Heavy rainstorms in North Texas delayed concrete pours at a major data center site, pushing back delivery timelines for computing capacity. Which shows even routine infrastructure bottlenecks can disrupt trillion dollar AI investment plans. Investor confidence weakened further in late October when CoreWeave's proposed $9 billion acquisition of Core Scien Show less Read more
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