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Benzinga
Benzinga
Business
Rishabh Mishra

CoreWeave Is A 'Debt-Fueled GPU Rental Business,' Says Kerrisdale, Shorting CRWV Amid Criticisms Of Valuation-Boosting 'Circle Jerk' With Nvidia

CoreWeave Kerrisdale CRWV Nvidia CoreWeave Inc Kerrisdale Capital NVDA
CoreWeave

Kerrisdale Capital has revealed a short position against CoreWeave Inc. (NASDAQ:CRWV), labeling the AI infrastructure firm a “debt fueled GPU rental business with no moat” and setting a price target that implies 90% downside from its current valuation.

Kerrisdale Pegs CRWV’s Stock Price At $10 Per Share

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