CoreWeave is still down 25% from its all-time high.
Nvidia (NVDA +2.26%) has been one of the undisputed winners of the artificial intelligence (AI) investing trend. It’s a critical supplier of high-powered computing software, and it knows where the money is flowing in the AI race. So, if Nvidia takes a stake in a company, investors should pay attention.
According to Nvidia’s latest 13-F filing, it only holds shares of six stocks. Its largest investment by far is CoreWeave (CRWV +7.33%). Nvidia’s stake in CoreWeave totals over 24 million shares, worth over $3 billion. CoreWeave’s stock has more than tripled since going public earlier this year, but is still about 25% off its all-time high set in July.
With CoreWeave being backed by one of the most successful companies in the world, is it worth buying right now?
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