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CNBC TechCheck Evening Edition: August 20, 2025

CNBC TechCheck Evening Edition: August 20, 2025

CNBCa day ago
CNBC's TechCheck brings you the latest in tech news from CNBC's 1 Market in the heart of San Francisco.
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CoreWeave, Inc. (CRWV) Is Constrained Due To Power Supply, Says Jim Cramer
CoreWeave, Inc. (CRWV) Is Constrained Due To Power Supply, Says Jim Cramer

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timean hour ago

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CoreWeave, Inc. (CRWV) Is Constrained Due To Power Supply, Says Jim Cramer

We recently published . CoreWeave, Inc. (NASDAQ:CRWV) is one of the stocks Jim Cramer recently discussed. Copyright: convisum / 123RF Stock Photo CoreWeave, Inc. (NASDAQ:CRWV) is a key player in the AI industry as it hosts and provides computing infrastructure to AI software companies. The shares have gained 132% since their IPO in March but have lost 49% since their peak in June. The day Cramer made these remarks about CoreWeave, Inc. (NASDAQ:CRWV) was key as the stock closed 21% lower. The CNBC TV host commented on the firm in the morning and discussed CoreWeave, Inc. (NASDAQ:CRWV)'s earnings call. His comments about waiting were also prescient, given the major share price dip. However, Cramer believes that electricity constraints are preventing CoreWeave, Inc. (NASDAQ:CRWV) from having a higher backlog: 'But I do think Carl, when we look at what's happened with CoreWeave, what we have to focus on, is the lockup. The expiration of the lockup. Cause I don't want people to get in it. That's the 15th, tomorrow. I don't want anyone to see it, it's after the close tomorrow. I just think that if you people want to be in it, you have to wait till things settle down. While we acknowledge the potential of CRVW as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . 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. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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