From Yahoo Finance: 2025-06-21 18:26:00

CoreWeave, Inc. (CRWV) saw its share prices surge by 7.99% on Friday, hitting a new all-time high as investors bet on its growth prospects. Intraday trading saw shares jump by as much as 10% to $187 before settling at $170. The company recently achieved a record performance using Nvidia Corp.’s Grace Blackwell Chips on its AI-optimized cloud platform, marking the largest-ever benchmarked submission under MLPerf. In March, CoreWeave secured an $11.9 billion deal with OpenAI, followed by an additional $4 billion contract last month. The company was also named the official AI cloud computing partner for Aston Martin Aramco, providing AI-accelerated engineering opportunities. While CoreWeave shows promise, other AI stocks may offer higher returns with less downside risk. For more information, visit Insider Monkey.



Read more at Yahoo Finance: CoreWeave (CRWV) Jumps 8% on Rosy Growth Prospects