CoreWeave Shares Surge After $6.3 Billion Nvidia Deal and Deutsche Bank Upgrade

Lead CoreWeave stock jumped 6.4% in morning trading on Monday after announcing a $6.3 billion cloud‐capacity agreement with Nvidia and earning a buy rating from Deutsche Bank.

Nut Graf The dual catalysts-Nvidia’s commitment to purchase CoreWeave’s unsold computing capacity through 2032 and Deutsche Bank’s addition of CRWV to its Catalyst Call Buy list-underscore growing investor confidence in CoreWeave’s AI infrastructure prospects.

Deal with Nvidia Drives Gains CoreWeave (NASDAQ: CRWV) revealed a new order form with Nvidia, under which Nvidia will acquire any residual cloud-computing capacity not sold to CoreWeave’s customers through April 13, 2032.

• Initial order value: $6.3 billion.
• Strategic impact: Provides revenue floor and validates CoreWeave’s data center expansion.

Deutsche Bank Upgrade Boosts Outlook Deutsche Bank placed CoreWeave on its Catalyst Call Buy Idea list, citing “insatiable” AI infrastructure demand and uncontracted powered shell capacity coming online over the next 12-18 months.

• Analyst thesis: Partnerships with OpenAI, Microsoft, Meta and others position CoreWeave for outsized growth.
• Revenue projection: 174% growth in fiscal 2025, though the company remains unprofitable.

Stock Performance and Market Reaction

• September 15 closing price: $119.18, up $7.22 (6.4%) from the prior close.
• Trading volume: Over 1.09 billion shares dollar‐value traded on the session.
• Market cap: Approximately $58.2 billion.

Outlook and Next Steps Investors will focus on CoreWeave’s third-quarter earnings release and further announcements of datacenter capacity additions. Potential future catalysts include new customer contracts and updates on the pending Core Scientific acquisition.