Deutsche Bank upgraded CoreWeave (CRWV) to Buy from Hold due to a combination of its setup entering 2026 and Monday's announcement that Nvidia (NVDA) has invested $2B in the hyperscaler and expanded their collaboration to help CoreWeave accelerate the buildout of more than 5 gigawatts of AI factories by 2030.

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 will use Nvidia technology and investment to expand global AI infrastructure by the end of the decade.

Chip giant Nvidia has announced its Vera CPU will be available as a standalone offering, with neocloud CoreWeave to be the first company to get its hands on the chips.

CoreWeave Inc. (NASDAQ:CRWV) ranks among the 10 best new stocks to buy in Ray Dalio’s portfolio. On January 6, Truist Securities initiated coverage of CoreWeave Inc.