Meta confirmed it's monetizing its idle AI compute capacity, directly threatening GPU cloud providers like CoreWeave. CRWV shed roughly 14% today while fellow AI infra names Nebius Group (-17%) and Super Micro ($SMCI, -5.7%) also got hit hard. CoreWeave still carries a $99B revenue backlog, but customer concentration fears are now front and center. Is this a buying opportunity or the start of a major re-rating for AI infrastructure stocks? Not financial advice.
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