Core Scientific (CORZ): Can CoreWeave (CRWV) Revenue Growth Offset Expansion Risks? Faheem Tahir Sat, November 14, 2026 at 2:24 PM EST 3 min read CORZ -1.19% ^IXIC -0.91% CRWV -8.57% Explore stocks on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
We just published the list of the 10 AI Infrastructure Stocks to Watch After CoreWeave's Earnings and Core Scientific, Inc. (NASDAQ:CORZ) ranked 6th on this list.
AI infrastructure stocks have faced considerable selling pressure in recent weeks, as concerns over data center expansion, rising borrowing costs, and regulatory uncertainty have weighed on investor sentiment. According to Bloomberg, hedge funds sold global technology shares during the week ending November 6 at a pace approaching the highest recorded in Goldman Sachs' data since 2016.
Much of the uncertainty stems from the U.S. midterm elections, which raised concerns about potential restrictions on data center construction. Reuters reported on November 5 that the Nasdaq Composite plunged 5.5%, while UBS analysts estimated that nearly 30% of anticipated U.S. data center capacity additions in 2028 could be at risk from potential construction pauses. The selloff also prompted Wall Street to reassess opportunities across the technology sector, as discussed in our recent coverage of 10 Stocks Analysts Just Upgraded.
Against this backdrop, the prominent AI cloud infrastructure provider offered some relief following its latest earnings announcement. On November 11, the company raised its annual revenue forecast and eased financing concerns by indicating that cash flows from existing contracts would cover its debt repayments. The developments also lifted other major AI infrastructure stocks.
However, the recovery proved short-lived as a leadership crisis at a major AI chipmaker introduced fresh uncertainty across the sector. On November 12, shares of the cloud infrastructure provider fell 9.1% after gaining more than 27% in the previous session, while the chipmaker declined 8.2% following its CEO's resignation amid an ongoing scandal.
Beyond these market swings, financing remains a concern. Reuters reported on November 12 that approximately 70% of record U.S. convertible bond issuance in 2026 was AI-linked, highlighting the industry's reliance on capital markets. Meanwhile, the selloff has renewed scrutiny of elevated technology valuations, a concern explored in our recent analysis of 10 High P/E Stocks Under the 200-Day SMA.
Core Scientific, Inc. (NASDAQ:CORZ) is among the stocks to watch after CoreWeave, Inc. (NASDAQ:CRWV)'s rally with 92.20% analyst upside, as stronger CoreWeave demand supports its contracted AI hosting business. Shares rose 11.0% on November 11 as CoreWeave's results lifted infrastructure stocks.
Core Scientific, Inc. (NASDAQ:CORZ) provides powered data-center space rather than selling GPU computing itself. By its November 5 earnings call, it was billing CoreWeave, Inc. (NASDAQ:CRWV) for 485 megawatts, with approximately 100 megawatts undergoing commissioning. Third-quarter colocation revenue increased nearly 60% sequentially to $215.4 million, demonstrating that completed facilities are becoming revenue-producing assets.
Core Scientific, Inc. (NASDAQ:CORZ) also has 530 megawatts contracted with AMD, adding another customer as the CoreWeave buildout nears completion. Management says its equity contribution for that initial AMD capacity is already invested, but project financing remains necessary. B. Riley retained a Buy rating on November 9, citing faster CoreWeave execution and lower costs, while reducing its target to $27 from $31.
Our coverage of why Core Scientific appeared among Nasdaq stocks at 52-week lows examines the tension between rising colocation revenue and construction spending. Core Scientific, Inc. (NASDAQ:CORZ) trades at approximately 28.4 times forward EBITDA on an enterprise-value basis, leaving meaningful delivery expectations in the valuation. Short interest reached 25.63% of the float as of October 30. Completing contracted capacity and securing affordable financing offer concrete ways to address that skepticism; additional reservations alone do not.
While we acknowledge the risk and potential of CORZ as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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