Nvidia to anchor CoreWeave IPO at $40 a share, source says
Publishing timestamp: 2025-03-27 14:14:02
Summary
Nvidia aims to anchor CoreWeave's IPO at $40 per share with a $250 million order. CoreWeave, a significant customer of Nvidia, is set to go public on Friday. The IPO market has shown signs of rebirth, with companies like StubHub and Hinge Health also lining up for their debut. CoreWeave, originally focused on mining ethereum, has shifted its focus to AI and reported significant revenue growth in its IPO prospectus.
Sentiment: MIXED
Keywords: markets, technology, business news, breaking news, breaking news: technology, breaking news: markets, nvidia corp,
Source: https://www.cnbc.com/2025/03/27/nvidia-to-anchor-coreweave-ipo-at-40-a-share-source-says.html