By Keithen Drury
Publication Date: 2026-03-21 01:30:00
Nvidia (NVDA 3.17%) is one of the most popular AI investment picks on the market, but Nvidia itself is also investing in several AI companies. While several stocks have come in and left Nvidia’s portfolio, one stock has stuck around that Nvidia has made a significant investment in: CoreWeave (CRWV +1.00%). Nvidia is a massive CoreWeave shareholder and owns more than 24 million shares. Its total investment is worth over $2 billion, showcasing how much money is wrapped up in the CoreWeave investment.
CoreWeave is essentially a cloud computing company that’s focused solely on providing AI computing power. It’s seeing rapid growth due to its popularity, and it deploys Nvidia chips, which is why Nvidia has taken notice and invested in it. But does that mean it’s a great buy now?
Image source: Getty Images.
CoreWeave’s revenue is expected to rocket higher over the next few years
The first thing that catches my eye is CoreWeave’s expected growth rate. In the fourth quarter, CoreWeave delivered an impressive 110% year-over-year growth rate, but that’s nothing compared to where it’s going. It reported a revenue backlog of nearly $67 billion, up 342% year over year. This indicates that demand for CoreWeave’s platform is growing faster than it can build out its computing infrastructure. CoreWeave is clearly doing something right, and with several AI hyperscalers among its client list, it’s clear that CoreWeave is a top option in this space.
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