NVIDIA invests $2 billion in CoreWeave
Digest more
Nvidia has invested $2 billion in AI infrastructure provider CoreWeave, the companies announced Monday. Shares of CoreWeave popped 8% in premarket trading on Monday after Nvidia announced it has invested $2 billion in the artificial intelligence infrastructure provider.
Now, let's consider Nvidia's stock performance potential for 2026. Nvidia turned heads last year when it became the world's first company to reach (and later surpass) $4 trillion in market value. Still, Nvidia may have room to run. Nvidia stock today trades for 24x sales, but over the past three years, it's often traded for more than 30x.
The chip giant deepens its partnership with CoreWeave to accelerate the buildout of massive AI data centers as artificial intelligence reshapes global power needs.
Nvidia is deepening its partnership with CoreWeave and making its biggest investment yet in the AI cloud company.
I agree to the Terms of Use , Privacy Notice and Cookie Notice.
China approves Alibaba, Tencent, and ByteDance to order NVIDIA H200 chips after initial ban, balancing AI competition needs with semiconductor independence goals.
Nvidia Corp.’s Jensen Huang, the longest-serving chief executive officer in Silicon Valley, was recently asked how he’s managed to stay in the job more than three decades.
Chinese chip designer outlines a multi-year GPU plan to outperform Nvidia’s next-generation Rubin platform within two years.