CoreWeave stock rips higher after muted IPO
CoreWeave priced its initial public offering (IPO) at $40 a share in March. The company initially expected to sell shares in the range of $47 to $55, but concerns about the pace of AI spending and CoreWeave's business model caused it to downsize the offering. Nvidia ( NVDA) — an early CoreWeave investor — reportedly anchored the IPO at $40.
CoreWeave received the most proceeds from a U.S. technology IPO since automation software maker UiPath went public in 2021.
The CoreWeave IPO will be another test for Nvidia and the near-term demand for AI chips. Read why I remain bearish on NVDA ...
CoreWeave sells access to Nvidia graphics processors as a service, allowing developers to rent chips by the hour so they can ...
Investor's Business Daily on MSN17h
CoreWeave Adds To Rally Following Downsized IPO. Why Shares Could Stay Volatile.CoreWeave stock bounced around in Wednesday morning trading but was headed higher in recent action, tacking on more after a 40% rally Tuesday.
CoreWeave co-founder Brian Venturo knows that three hedge fund guys, turned crypto miners, now running AI training ...
CoreWeave's IPO debut tests neocloud viability and reliance on Nvidia GPUs.
CoreWeave Inc. shares closed up 42% at $52.57 on Tuesday, marking a significant recovery in its third day of trading after the company's IPO.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback