NVIDIA (NVDA) Invests in CoreWeave IPO with $250 Million Stake

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Mar 27, 2025
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NVIDIA (NVDA, Financial) plans to purchase shares in CoreWeave's initial public offering (IPO) at $40 per share, amounting to a $250 million investment, according to sources from CNBC. CoreWeave, a cloud computing company leveraging advanced graphics processing and artificial intelligence technologies, originally set its IPO price range between $47 and $55 per share.

Despite the lower purchase price by NVIDIA, CoreWeave is reportedly not planning to reduce its IPO scale or resubmit documents. This strategic investment reflects NVIDIA's role as a key customer of CoreWeave, where it currently holds approximately a 6% stake.

The investment consolidates NVIDIA's position in the expanding cloud computing and AI sectors, potentially boosting CoreWeave's market standing by leveraging NVIDIA's extensive technological resources and industry influence.

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