Two of the biggest names in the AI trade, CoreWeave (CRWV) and Nvidia (NVDA), are facing a tough stretch on Wall Street. Both stocks have come under heavy selling pressure over the past month, but for very different reasons.
CoreWeave shares have been hit by concerns over debt and the huge cost of building AI data centers. Nvidia, meanwhile, is dealing with a major leadership crisis after CEO Jensen Huang resigned following reports of alleged affairs. The news has added to concerns about the chipmaker’s future leadership and business ties.
According to Google Finance, both CoreWeave and Nvidia shares have fallen about 27.3% over one month, as of the closing on November 12, 2026. What’s interesting is the close ties between the two companies as Nvidia is among the largest investors and a key supplier to CoreWeave.
CoreWeave’s Strong Growth Comes with High Costs
CoreWeave reported solid beat-and-raise results for the fiscal third quarter. Q3 revenue jumped 168% year-over-year to $3.66 billion. However, the company posted a net loss of $709 million, compared with a loss of $110 million in the same quarter last year. Adding to the pressure, net interest expense surged to $846 million from $310 million a year ago, highlighting the cost of funding its rapid expansion.
There were also signs of strong demand, with a record revenue backlog of $132.5 billion at the end of September. CoreWeave raised its full-year 2026 revenue outlook to $13 billion to $13.3 billion. It also expects capital spending of $37 billion to $39 billion, showing the scale of its AI buildout.
Nvidia’s Leadership Crisis Weighs on Shares
Nvidia’s recent fall has been driven by a different set of concerns. Huang resigned on November 12 following reports of alleged affairs, including one involving a woman suspected by U.S. officials of links to China and a senior Nvidia employee.
CFO Colette Kress has taken over as interim CEO while the board looks for a new leader. The news led to a sharp selloff, with shares falling as much as 14% during Thursday’s trade before closing down 4.3%.
The exit has also led to a wave of analyst downgrades. Ten analysts cut their ratings over the past two days, citing risks around leadership, business ties and the company’s future plans. Citi cut its price target from $300 to $225, while Bernstein moved its rating from Buy to Hold.
Which Stock Do Analysts Prefer?
Despite the recent selloff, both stocks still have a Moderate Buy consensus rating from Wall Street. However, their price targets point to a large gap in the upside analysts see.
According to TipRanks Stock Comparison Tool, CoreWeave has a higher implied upside of 83.9% compared with 53.3% for Nvidia.
