CoreWeave stock price jumps again as Nvidia boosts stake — CRWV rally heads into Wednesday
CoreWeave sold $2 billion in stock to Nvidia at $87.20 per share, SEC filings show. Nvidia raised its stake to 11.5%, sending CoreWeave shares up 10.7% to $108.86 in after-hours trading. The companies plan to speed up construction of AI data centers using the new funds. Analysts raised price targets following the deal.