CoreWeave's Debt Discipline Sparks AI Chip Rally: Micron Up 9%
CoreWeave's stock surged 19% after pledging sub-$5B in new parent-level debt through 2027, lifting Micron, Lumentum and the broader AI chip trade on Wednesday.
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CoreWeave's stock surged 19% after pledging sub-$5B in new parent-level debt through 2027, lifting Micron, Lumentum and the broader AI chip trade on Wednesday.
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A consultant says a four-year-old company never earned positive operating cash flow and lost $750,000 in sponsorship. His lesson:…