CoreWeave (NASDAQ:CRWV) has taken center stage in the AI bubble debate. After venture capital investor Chamath Palihapitiya posted a chart on X last week showing that bond yields on the neocloud operator's debt have risen as high as 15%, CoreWeave shares have spiraled. The stock, the largest of the so-called neocloud companies and posting triple-digit revenue growth, has plunged 24% over the last week and is now trading at its lowest level since shortly after its IPO last March. Concerns about CoreWeave brought down the broader chip and tech sectors last week, and the stock could continue to serve as an avatar for the broader AI sector as investors debate its future.
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