Jim Cramer Discusses CoreWeave (CRWV)’s AI Data Center Buildout

We recently published 10 Stocks Jim Cramer Talked About.  CoreWeave, Inc. (NASDAQ:CRWV) is one of the stocks Jim Cramer discussed recently.

CoreWeave, Inc. (NASDAQ:CRWV)’s at the center of Wall Street attention due to its role in the AI ecosystem. The firm provides computing infrastructure to AI software companies. The firm’s shares were downgraded to Neutral from Overweight by JPMorgan on November 11th, and the price target was cut to $110 from $135. As part of its coverage, the investment bank commented that while it saw great long-term potential for CoreWeave, Inc. (NASDAQ:CRWV), a third-party firm for data center construction was behind schedule. The trouble with the data center buildout has also crossed Cramer’s attention, with the CNBC TV host commenting recently that CoreWeave, Inc. (NASDAQ:CRWV)’s business model can carry through in the future. This time, acknowledged the struggles and stressed the need for discipline:

“But CoreWeave would tell you, we don’t have enough men, people, we don’t have enough materials. We are nowhere near being able to complete all this stuff that we need to. Again, that’s going to call for discipline. If we can’t make this stuff, then we’re going to slow things down.”

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.