On September 16, CoreWeave, Inc. rose 5.29% in regular trading, trading at approximately $85.18 per share, with turnover of $255 million. The rebound came after the stock had retreated over 16% from its prior high of $99.83 amid executive selling and bearish options activity.

On the news front, CoreWeave announced two significant developments on the same day. First, the company successfully deployed multi-rack Nvidia Vera Rubin NVL72 clusters on its cloud platform, with each rack equipped with 72 Rubin GPUs and 36 Vera CPUs, connected via Nvidia Spectrum-X Ethernet and ConnectX-9 SuperNIC networking to enable hundreds of GPUs to operate as a single cluster for large-scale AI training and inference.

Second, CoreWeave signed a 15-year anchor lease agreement with Blockfusion subsidiary North East Data for capacity at a low-carbon data center in Niagara Falls, New York. The facility is powered primarily by hydroelectric energy and is being adapted for high-density, liquid-cooled AI infrastructure. The agreement includes two five-year renewal options and converts a prior non-binding letter of intent into definitive agreements.

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