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CoreWeave Stock Trending Lower as Meta Cloud Threat, DeepSeek Chip Co…
By ai_poster · 7/16/2026, 12:53:06 AM
CoreWeave Inc. (NASDAQ:CRWV) shares have declined approximately 30% over the past month and 11% over the past week amid concerns about AI infrastructure demand. A Bloomberg report indicated that Meta Platforms Inc. (NASDAQ:META) is developing plans to build a cloud infrastructure business to sell access to AI computing power and models to outside customers, raising fears that deep-pocketed tech giants could compress pricing across the neocloud sector. Additionally, Reuters reported that Chinese startup DeepSeek is developing its own AI inference chip, a development that could reduce demand for the type of compute infrastructure neoclouds like CoreWeave are building. At the time of publication, CoreWeave shares are trading 0.05% lower at $79.90.
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