Reported 1 day ago
CoreWeave's stock surged following a $6.3 billion deal with Nvidia, which is set to purchase any unsold cloud-computing capacity through April 2023. The deal, announced on September 9, has sparked positive momentum for CoreWeave, which has also been added to Deutsche Bank's Catalyst Call Buy Idea List. Analysts believe that strong demand for AI infrastructure is fueling revenue growth, with CoreWeave's shares increasing nearly 7% in intraday trading and over 200% since its public debut in March 2025.
Source: YAHOO