New York, January 26, 2026, 13:53 (ET) — Regular session
- CoreWeave shares jump after Nvidia boosts its stake with a $2 billion investment.
- Investors are focused on whether the AI data-center expansion can match its financing and power demands.
- Microsoft has launched its Maia 200 AI chip alongside fresh software tools, turning up the heat on Nvidia.
CoreWeave shares jumped roughly 8% Monday following Nvidia’s announcement of a $2 billion investment in the AI-centric cloud provider, injecting new momentum into a trade sensitive to every data-center demand update. Nvidia’s stock slipped about 0.4%, while Microsoft climbed around 1.6%.
The deal arrives amid ongoing investor pressure: who’s footing the bill for the next AI infrastructure surge, and how fast can it materialize? CoreWeave, a “neocloud” — a niche cloud provider leasing AI-optimized servers — depends heavily on chip supply, energy, and funding to survive.
The calendar this week is packed. “This week’s lineup of megacap earnings should help shape sentiment around the AI trade,” said Chris Larkin at E*Trade from Morgan Stanley. (Reuters)
Nvidia’s investment prices the deal at $87.20 per share, boosting its holdings by about 23 million CoreWeave shares—almost doubling its stake, according to Reuters calculations using LSEG data. CoreWeave told Reuters the funds won’t go toward buying Nvidia processors but will instead fuel data-center expansion, R&D, and hiring. (Reuters)
CoreWeave and Nvidia announced plans to strengthen their collaboration on infrastructure and software, focusing on CoreWeave’s tools and early adoption across several Nvidia platforms. CoreWeave CEO Michael Intrator described Nvidia as “the leading and most requested computing platform at every phase of AI.” (CoreWeave)
The competitive landscape is heating up. On Monday, Microsoft unveiled its second-generation Maia 200 AI chip and announced plans to pair it with software tools — including the Triton open-source project — targeting tasks currently dominated by Nvidia’s CUDA, a developer software stack many analysts consider crucial for lock-in. Microsoft said the Maia 200 will be deployed this week at a data center in Iowa. (Reuters)
The CoreWeave deal revives an old concern in this space: vendor financing, where suppliers fund customers, potentially looping money back into purchases. Nvidia CEO Jensen Huang called the notion that the CoreWeave investment is a “circular” arrangement “ridiculous” in an interview with Bloomberg News, Business Insider reported. Investopedia pointed out that CoreWeave saw some of the sharpest declines last year when worries about an AI bubble surged and investors drilled into debt-driven data-center investments.
CoreWeave and Nvidia have been securing deals for months. Back in September 2025, CoreWeave inked a $6.3 billion initial order with Nvidia, which also gave Nvidia the option to purchase any cloud capacity CoreWeave failed to sell to other customers. (Reuters)
On Wednesday, January 28, all eyes are on the Federal Reserve as it’s widely anticipated to keep rates steady between 3.50% and 3.75%. After that, a slew of mega-cap earnings reports could shake up the market’s take on the AI spending narrative once more. (Reuters)
