CoreWeave Stock Jumps over 13% to $136.21, Hitting a New Record High
CoreWeave surged 13% to a new record high of $136.21 following Nvidia's significant investment in the company and the cloud company's reliance on Nvidia chips.
Analysts highlight the unique and strategic nature of this relationship with implications for investors in both companies.
Additionally, CoreWeave signed two 15-year leases with Applied Digital, expected to bring in approximately $7 billion in revenue, reflecting the market's growing demand for AI-related services.
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