Market Chatter: Nvidia CEO Sees CoreWeave's Finances Improving

MT Newswires Live00:39

Nvidia (NVDA) Chief Executive Jensen Huang said CoreWeave's (CRWV) strength is improving, Bloomberg News reported Thursday, citing his comments at an event in Stockholm.

Huang said he does not see a need for Nvidia to provide financial support to the company and that CoreWeave's cost of capital is falling, the report added.

Nvidia is CoreWeave's second-largest shareholder, owning about 10% of the company, according to the report.

Nvidia and CoreWeave didn't immediately reply to MT Newswires' request for comments.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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