CoreWeave (NASDAQ:CRWV) shares surged 22% on May 16 and touched $80 after Nvidia Corp.’s (NASDAQ:NVDA) SEC filing (13G) ...

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Nvidia-backed AI cloud company CoreWeave has seen shares soar over 100% since its IPO in March as investors' hopes for the AI boom outweigh concerns over its Nvidia-reliant business model.

Nvidia Corp. Chief Executive Officer Jensen Huang expressed confidence in his company's trade partners and said there's no ...