In a regulatory filing yesterday, Nvidia revealed it had nearly doubled its investment in CoreWeave to more than 47 million shares, in a stake valued at $4.6 billion as of Monday's close. That amounts to an 11.5% stake in the company and represents 90% of Nvidia's equity portfolio. On the heels of that revelation, Wall Street is weighing in.

CoreWeave (NASDAQ:CRWV) shares rose about 3% on Tuesday after Deutsche Bank upgraded the company to Buy from Hold. The move followed Monday's news that Nvidia (NVDA) invested $2 billion in CoreWeave and expanded their collaboration to accelerate AI factory buildouts.

The stock gapped up and maintained its gains, closing close to the peak of $91.94, indicating institutional demand absorbing any profit-taking. CoreWeave enjoys substantial institutional ownership, with 766 firms holding positions, suggesting a solid base of long-term investors reaffirming their involvement.

Management pushed back on concerns about GPU depreciation.

CoreWeave stock soars as Nvidia invests $2 billion. But Jensen Huang just said something that warrants caution in buying CRWV shares.

CoreWeave shares are trading lower amid overall market volatility this week after President Donald Trump posted on social media that, starting Feb. 1, Denmark, Norway, Sweden, France, Germany, the UK,

We recently published 14 Stocks Jim Cramer Talked About. CoreWeave Inc. (NASDAQ:CRWV) is one of the stocks Jim Cramer talked about. CoreWeave Inc. (NASDAQ:CRWV), along with Oracle, is a key player in the AI infrastructure space.