New York, Jan 26, 2026, 12:34 EST — Regular session
- Shares of CoreWeave jumped roughly 10% mid-session following Nvidia’s announcement of a $2 billion investment
- The deal values Nvidia’s purchase at $87.20 per share and advances efforts on “AI factories” — massive data centers designed specifically for AI computing
- Traders are focused on this week’s Fed decision and the upcoming Big Tech earnings for clues about AI investment
CoreWeave shares jumped roughly 10% to near $102 by midday Monday, marking a notable shift for a stock known for volatile moves tied to funding and capacity news. (Twelve Data)
Nvidia’s $2 billion stake in the AI cloud firm sparked the move, reinforcing a partnership focused on boosting U.S. data-center capacity. This news pushed shares higher, as investors see it as a signal of growing demand for advanced AI chips and the energy-intensive infrastructure they require. (Reuters)
The companies revealed Nvidia purchased CoreWeave Class A shares at $87.20 each. Their wider partnership aims to develop over 5 gigawatts of “AI factory” capacity by 2030 — a metric based on the power these facilities will draw. “AI is entering its next frontier and driving the largest infrastructure buildout in human history,” said Nvidia CEO Jensen Huang. (CoreWeave Investors)
Evercore ISI’s Amit Daryanani noted the deal extends a Master Services Agreement, highlighting over $6 billion in commitments locked in through April 2032 linked to capacity agreements. He maintained his “Outperform” rating with a $160 price target, per Investing.com. (Investing)
The shift came as U.S. stocks climbed, with investors gearing up for mega-cap earnings and a Federal Reserve decision that might redefine risk appetite in the AI-driven sector. Chris Larkin at E*Trade from Morgan Stanley noted in a market update, “This week’s lineup of megacap earnings should help shape sentiment around the AI trade.” (Reuters)
CoreWeave debuted on the public markets in March 2025, riding the wave of demand for computing power needed to train and operate AI models. The company offers cloud access to vast arrays of Nvidia graphics processors, marketing itself as a specialist alternative to major cloud providers. (Reuters)
That focus carries a hefty price tag. CoreWeave has announced big spending to boost AI infrastructure and expand data-center capacity, a move that has occasionally pressured its shares amid investor concerns over financing and execution risks. (Reuters)
The question remains if AI supply chains are turning too circular: chipmakers backing customers who, in turn, purchase their hardware. Business Insider highlighted that Nvidia invested roughly $100 million in CoreWeave in 2023 and picked up more shares during CoreWeave’s IPO, fueling the debate. (Business Insider)
CoreWeave and Nvidia portrayed Monday’s funding boost as more than a simple cash infusion. Their strategy involves integrating several generations of Nvidia platforms, aiming to standardize key components of the AI workload deployment stack. (Nasdaq)
Investors are gearing up for the Fed’s decision Wednesday, wrapping up the Jan. 27–28 meeting, with a keen eye on how it might impact rate-sensitive growth stocks. Nvidia’s earnings report on Feb. 25 will offer another glimpse into AI demand, which frequently affects companies like CoreWeave. (Federalreserve)
