NVIDIA (NVDA) is investing $2 billion more into cloud computing company CoreWeave, helping spur a double-digit rally for CRWV stock. The investment reflects NVIDIA’s confidence in CoreWeave’s business, team, and growth strategy as a cloud platform built on NVIDIA infrastructure. NVIDIA is also up following the news, as tech stocks slowly rebounded to end this past week.
By adding another $2 billion in CoreWeave stock (approximately 23 million shares), Nvidia has nearly doubled its stake in the business, making it the second-largest investor in the tech company.
“AI is entering its next frontier and driving the largest infrastructure buildout in human history,” said Jensen Huang, founder and CEO of NVIDIA. “CoreWeave’s deep AI factory expertise, platform software, and unmatched execution velocity are recognized across the industry. Together, we’re racing to meet extraordinary demand for NVIDIA AI factories — the foundation of the AI industrial revolution.”
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“From the very beginning, our collaboration has been guided by a simple conviction: AI succeeds when software, infrastructure, and operations are designed together,” said Michael Intrator, co-founder, chairman, and CEO of CoreWeave. “NVIDIA is the leading and most requested computing platform at every phase of AI — from pre-training to post-training — and Blackwell provides the lowest cost architecture for inference. This expanded collaboration underscores the strength of demand we are seeing across our customer base and the broader market signals as AI systems move into large-scale production.”
Coreweave (CRWV) stock roared 18% higher on Friday, now up 11% YTD after reversing its sluggish start to 2026. NVIDIA, meanwhile, is also trending higher, an indication that the tech giant’s stock is rebounding and the tech stock slump is coming to an end. While CoreWeave’s stock has been flying high to start the year, investors should tread carefully with it. Its heavy exposure to Nvidia means that its performance will be tied to how the tech giant performs. Hence, both stocks beginning to climb could mean now is a solid buy opportunity for Coreweave (CRWV) stock.