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CoreWeave Stock Declines Amid AI Chip Supply Concerns and Fed Rate Pressure

By Published · 12:46 AM · 1 min read
CoreWeave Stock Declines Amid AI Chip Supply Concerns and Fed Rate Pressure

CoreWeave Shares Slip as Market Pressures Mount

CoreWeave's stock price fell about 32% in just 9 trading days, from $80.26 on the Nasdaq exchange.

On the latest trading session, CoreWeave Inc. stocks have been trading down by -2.63 percent amid reports of tightened AI chip supply from key partners.

Shares of neocloud provider CoreWeave (CRWV) have come under pressure as the Federal Reserve raises interest rates.

Bernstein says CoreWeave shares haven’t bottomed out yet.

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