Nvidia-backed CoreWeave whipsaws as investors digest $23 billion capital expenditure plan

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Nvidia-backed CoreWeave whipsaws as investors digest billion capital expenditure plan

CoreWeave (CRWV) stock fell as much as 7% after company executives blew past Wall Street expectations for capital expenditures as the Nvidia-backed (NVDA) AI data center company burns through cash to buy up AI chips.

CoreWeave executives…

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https://finance.yahoo.com/news/nvidia-backed-coreweave-whipsaws-as-investors-digest-23-billion-capital-expenditure-plan-191752726.html

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