Nvidia-Related Stocks Jump With CoreWeave up 15%

Tiger Newspress01-26 22:56

Nvidia related stocks jumped in morning trading. CoreWeave rose 15%; Applied Digital rose 8%; NEBIUS rose 5%; Cerence rose 2%; Astera Labs rose 1%.

Nvidia has invested $2 billion in CoreWeave at a purchase price of $87.20 per share, the ‌companies said on Monday, as they expand their partnership to boost CoreWeave's data center build out ambitions.

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