{"id":69705,"date":"2026-10-16T09:03:55","date_gmt":"2026-10-16T09:03:55","guid":{"rendered":"https:\/\/www.vtmarkets.com\/en-asia\/uncategorized\/the-ai-credit-line-just-got-expensive\/"},"modified":"2026-10-16T09:03:55","modified_gmt":"2026-10-16T09:03:55","slug":"the-ai-credit-line-just-got-expensive","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-asia\/featured\/the-ai-credit-line-just-got-expensive\/","title":{"rendered":"The AI Credit Line Just Got Expensive"},"content":{"rendered":"
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For most of the AI boom, paying for chips was the easy part. The biggest tech companies funded their data centres from their own cash, and chipmakers simply counted the orders.<\/p>\n\n\n\n

That is changing. More of the build-out now runs on borrowed money, and much of the borrowing is done by younger, smaller companies whose whole business is renting out computing power. This week, lenders started charging a lot more for that risk, and one company felt it more than any other.<\/p>\n\n\n\n

The shares bounced. The bonds didn’t.<\/h3>\n\n\n\n

CoreWeave had a wild week. On Wednesday, the stock fell 15.46% to $65.78, its biggest one-day drop since February<\/a>. On Thursday, it slid again, falling as much as 8.3% in early trading to $60.36, its lowest level since May 2025. Then Nvidia chief executive Jensen Huang told Bloomberg<\/a> that CoreWeave’s strength was improving every day and its cost of capital was falling. The shares reversed and closed up 5.94% at $69.69.<\/p>\n\n\n\n