Analyst Questions CoreWeave’s $25 Billion Valuation Following Nvidia Insight
Jeffrey Emanuel, a figure who previously drew attention to potential risks for Nvidia Corp., is now warning that CoreWeave Inc.’s initial public offering may be significantly overvalued. CoreWeave, based in New Jersey, is a cloud-services provider specializing in infrastructure for artificial intelligence applications.
Emanuel gained recognition earlier this year when he highlighted concerns about the cost-effectiveness of DeepSeek, an artificial-intelligence startup based in China, posing a threat to Nvidia. His analysis played a role in a single-day drop of $600 billion in Nvidia’s market capitalization. At the time, Emanuel was a relatively unknown crypto executive and blogger.
His analysis of Nvidia captured the attention of key figures across both Wall Street and Silicon Valley. He’s now hoping they’ll listen to his assessment of CoreWeave, which is expected to go public in the coming weeks.
