CoreWeave cuts 2025 outlook on third-party data-center delay; AI infrastructure trade reprices

CoreWeave ($CRWV) beat Q3 with $1.36B revenue but trimmed FY2025 guidance to $5.05–$5.15B after a capacity delay at a partner data-center developer; shares fell 9–11% on the update.

Management framed it as an industry-wide build bottleneck; backlog remains large (reported at $55.6B).

Winners -

AI Chips and High-Speed Networking

Reason: Tight near-term DC capacity lifts pricing power upstream; GPU and 400G/800G networking demand remains supply-constrained even as some builds slip.

Names: $NVDA (NVIDIA), $ANET (Arista Networks), $AVGO (Broadcom)

Hyperscale Cloud Platforms

Reason: Workloads delayed at specialist providers can overflow to hyperscalers with global capacity and mul ...