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Nov 12, 2025 4:10 AM

Jim Cramer Grills CoreWeave CEO Over Data Center Delays Despite $55.6 Billion Backlog

CoreWeave Inc. (NASDAQ:CRWV) CEO Michael Intrator was questioned by CNBC's Jim Cramer on Tuesday regarding data center delays that have impacted the company’s stock, despite reporting a massive $55.6 billion backlog.

Cramer Questions CORZ’s Role In CRWV’s Data Center Delay

The tense “Squawk on the Street” interview followed CoreWeave trimming its 2025 revenue forecast, with Cramer calling out its partner, Core Scientific Inc. (NASDAQ:CORZ).

Cramer challenged Intrator on the guidance cut, saying, “this was not the quarter you wanted.” He linked the delays to Core Scientific, which he described as a “failed Bitcoin miner that came out of bankruptcy,” and listed affected sites in Texas, Oklahoma, North Carolina, and Georgia.

Intrator pushed back, stating, “I am proud of this quarter,” attributing the entire issue to delay “at a singular data center provider.” He assured investors that the impact was temporary and ...