CoreWeave (CRWV) Being Down Is Silly, Says Jim Cramer

CoreWeave, Inc. Overview - CoreWeave, Inc. (NASDAQ:CRWV) has seen its shares increase by 87% since its IPO in March, but has recently faced a decline of 46% since late October [2] - Concerns have arisen regarding delays in data center buildout and the potential for an AI bubble, impacting investor sentiment [2] Analyst Insights - Jim Cramer remains optimistic about CoreWeave, citing its strong relationship with NVIDIA and a solid business model [2] - Citi has resumed coverage on CoreWeave, lowering the price target from $192 to $135 while maintaining a Buy rating [2] - Cramer has highlighted the challenges in the data center sector, particularly the shortage of qualified workers [2][3] Market Sentiment - Cramer described the recent decline in CoreWeave's stock price as "silly," emphasizing the complexities involved in building data centers [3] - There is a belief that while CoreWeave has potential, other AI stocks may offer better returns with lower risk [3]