Shares of CoreWeave have slid sharply in recent weeks, turning the once-highflying AI infrastructure company into a focal point for growing fears that Wall Street's enthusiasm for artificial intelligence may have run ahead of fundamentals.
CoreWeave's stock is down roughly 40 to 50 percent from its highs earlier this year, erasing billions of dollars in market value after a meteoric rise following its March initial public offering. The pullback has been swift and volatile, with investors reassessing the risks tied to companies that became emblematic of the AI boom.
