{"id":202260,"date":"2026-04-04T17:28:00","date_gmt":"2026-04-04T21:28:00","guid":{"rendered":"https:\/\/testing.news-you-need.com\/index.php\/2026\/04\/04\/billionaire-philippe-laffont-sold-coreweave-and-bought-this-artificial-intelligence-ai-stock-instead\/"},"modified":"2026-04-04T17:50:11","modified_gmt":"2026-04-04T21:50:11","slug":"billionaire-philippe-laffont-sold-coreweave-and-bought-this-artificial-intelligence-ai-stock-instead","status":"publish","type":"post","link":"https:\/\/testing.news-you-need.com\/index.php\/2026\/04\/04\/billionaire-philippe-laffont-sold-coreweave-and-bought-this-artificial-intelligence-ai-stock-instead\/","title":{"rendered":"Billionaire Philippe Laffont Sold CoreWeave and Bought This Artificial Intelligence (AI) Stock Instead"},"content":{"rendered":"<p><a href=\"https:\/\/www.theglobeandmail.com\/investing\/markets\/stocks\/CRWV\/pressreleases\/1146632\/billionaire-philippe-laffont-sold-coreweave-and-bought-this-artificial-intelligence-ai-stock-instead\/\">Billionaire Philippe Laffont Sold CoreWeave and Bought This Artificial Intelligence (AI) Stock Instead<\/a><\/p>\n<p><a href=\"https:\/\/www.theglobeandmail.com\/investing\/markets\/stocks\/CRWV\/pressreleases\/1146632\/billionaire-philippe-laffont-sold-coreweave-and-bought-this-artificial-intelligence-ai-stock-instead\/\">https:\/\/www.theglobeandmail.com\/investing\/markets\/stocks\/CRWV\/pressreleases\/1146632\/billionaire-philippe-laffont-sold-coreweave-and-bought-this-artificial-intelligence-ai-stock-instead\/<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-04-04 17:28:00<\/a><\/p>\n<p>Source Domain: <a href=\"www.theglobeandmail.com\">www.theglobeandmail.com<\/a><\/p>\n<ul>\n<li>\n<p><strong>Coatue&#8217;s Shift in Strategy:<\/strong> Coatue Management\u2019s recent decisions indicate a strategic shift from high-leverage investments such as CoreWeave to more stable opportunities like Applied Materials, signaling a move away from highly volatile bets.<\/p>\n<\/li>\n<li>\n<p><strong>CoreWeave\u2019s High Risk and Volatility:<\/strong> CoreWeave\u2019s strong growth is hampered by its high leverage and dependence on GPU access through partnerships, leading to significant risk and volatility; resulting in Coatue\u2019s decision to sell the stock.<\/p>\n<\/li>\n<li>\n<p><strong>Strong AI Trends and Semiconductor Spending:<\/strong> Semiconductor companies are increasing spending on AI-related activities, which bodes well for firms like Applied Materials that supply critical equipment for chip manufacturing.<\/p>\n<\/li>\n<li>\n<p><strong>Applied Materials\u2019 Growth Outlook:<\/strong> Applied Materials is well-positioned to benefit from the expanding semiconductor market due to its leadership in wafer fabrication equipment, strong R&amp;D investment, and growing demand for both logic and memory chips.<\/p>\n<\/li>\n<li>\n<p><strong>Potential Overvaluation of CoreWeave:<\/strong> Despite CoreWeave&#8217;s significant growth prospects, its current share price of 6x trailing sales might be too high given its leverage and risk, contrasting with the more attractive profile of Applied Materials trading at under 30x forward earnings.<\/p>\n<\/li>\n<li>\n<p><strong>Long Term Prospects and Margin Expansion:<\/strong> CoreWeave has a sizable revenue backlog and expects to expand its operating margin to between 25% and 30%, but this will come with heavy reliance on debt and ongoing capital expenditures outpacing revenue. <\/p>\n<\/li>\n<li>\n<p><strong>Recommendation Against CoreWeave Investment:<\/strong> Analysts from The Motley Fool Stock Advisor are cautious about investing in CoreWeave given its risk and volatility, emphasizing other potentially high-return investments within the AI and semiconductor space.<\/p>\n<\/li>\n<li>\n<p><strong>Potential of Other AI-related Stocks:<\/strong> Coatue&#8217;s strategic choices focus on less risky, but potentially high-growth investments like Applied Materials, highlighting a preference for sustainable growth over speculative high-yield options.<\/p>\n<\/li>\n<\/ul>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Billionaire Philippe Laffont Sold CoreWeave and Bought This Artificial Intelligence (AI) Stock Instead https:\/\/www.theglobeandmail.com\/investing\/markets\/stocks\/CRWV\/pressreleases\/1146632\/billionaire-philippe-laffont-sold-coreweave-and-bought-this-artificial-intelligence-ai-stock-instead\/ Publish&#8230;<\/p>\n","protected":false},"author":1,"featured_media":202261,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/barchart-news-media-prod.aws.barchart.com\/FC\/8fe5cabb0905a29b843878417a47ddd0\/%3Furl%3Dhttps%253a%252f%252fg.foolcdn.com%252feditorial%252fimages%252f863685%252fgettyimages-buy-sell-dice.jpg%26amp%3Bw%3D700","fifu_image_alt":"","footnotes":""},"categories":[14],"tags":[20],"class_list":["post-202260","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence","tag-artificial-intelligence"],"_links":{"self":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/202260"}],"collection":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=202260"}],"version-history":[{"count":1,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/202260\/revisions"}],"predecessor-version":[{"id":202262,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/202260\/revisions\/202262"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/202261"}],"wp:attachment":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=202260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=202260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=202260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}