CoreWeave Stock Slide Sparks Fresh AI Bubble Fears as Debt, Data Center Delays, and Chip Depreciation Take Center Stage
CoreWeave shares fell sharply December 16 after reports of construction delays at a major Texas data center tied to OpenAI. Investors cited concerns over the company’s heavy debt load and the economics of renting Nvidia GPUs as hardware ages and financing costs rise. Similar worries pressured Oracle and Broadcom this month amid scrutiny of AI infrastructure spending.