CoreWeave stock jumps again after Nvidia’s $2 billion bet — what traders watch next
CoreWeave shares rose 9.3% to $107.46 by late morning Tuesday after Nvidia disclosed a $2 billion investment at $87.20 per share. Nvidia becomes CoreWeave’s second-largest shareholder and aims to speed up U.S. data center expansion. CoreWeave said the funds will not be used to buy Nvidia chips. Nvidia shares gained 1.5% to $189.29.