Business & Finance
Alger’s Crawford: There’s Skittishness in the Market
Key Points
Ankur Crawford, a Portfolio Manager at Alger and Former Intel Engineer, said recent market nervousness around AI— including concerns tied to CoreWeave—does not reflect the strength of underlying adoption and infrastructure demand. She described a striking gap between stock performance and on-the-ground fundamentals, while noting that returns from AI investment will take time and that debt, supply-chain bottlenecks, labor shortages and power constraints could slow the buildout. She speaks...
Ankur Crawford, a Portfolio Manager at Alger and Former Intel Engineer, said recent market nervousness around AI— including concerns tied to CoreWeave—does not reflect the strength of underlying adoption and infrastructure demand. She described a striking gap between stock performance and on-the-ground fundamentals, while noting that returns from AI investment will take time and that debt, supply-chain bottlenecks, labor shortages and power constraints could slow the buildout. She speaks with Romaine Bostick on "The Close." (Source: Bloomberg)