Squawk on the Street AI Trade's Wild Ride, CoreWeave CEO "First on CNBC," SoftBank Sells Nvidia Stake 11/11/25
19 snips
Nov 11, 2025 Michael Intrator, CEO of CoreWeave, dives into the company's innovative growth strategies and its unique operational expertise that sets it apart in the AI infrastructure arena. He discusses the recent quarterly results and the challenges faced due to delays from a key data center partner. The conversation also covers the implications of SoftBank's exit from Nvidia and the high demand for AI services, suggesting a landscape where multiple providers can thrive as AI technology continues its rapid evolution.
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AI Buildout: Demand Vs. Overbuilding
- The AI infrastructure boom faces both genuine demand and fears of overbuilding.
- Jim Cramer and David Faber debate whether spending is meeting real customer needs or creating excess capacity.
SoftBank Exit Raises Funding Questions
- SoftBank sold its entire Nvidia stake, prompting market chatter about motives.
- Anchors linked the sale to SoftBank's funding commitments to OpenAI and broader financing needs.
Bubble Parallels With Potential Long-Term Winners
- The panel compared today's AI mania to the 1990s tech bubble with winners emerging later.
- They argued that despite hype, real customers and eventual durable winners (like Amazon) can still arise.
