Nvidia (NVDA) CEO Jensen Huang addressed the recent discord at key partner and fallen AI stock darling CoreWeave (CRWV) on Thursday, expressing optimism in the data center operator following a 15% rout on Wednesday and a smaller dip on Thursday morning. "CoreWeave's strength is improving every day," Huang shared at a Bloomberg event in Stockholm. "I'm optimistic. Their cost of capital is actually decreasing." His input was much anticipated this week as concerns about the health of CoreWeave and its exposures to Nvidia have continued to build. Huang's need to weigh in wasn't a surprise to veteran tech analyst Tal Liani, who just this morning published a bullish note on CoreWeave with an aggressive $140 price target.
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