Nvidia Increases Stake in AI-Focused Cloud Company CoreWeave

Nvidia has quietly expanded its investment portfolio by increasing its stake in CoreWeave, a cloud computing firm specializing in AI infrastructure. The chipmaker now holds over 24 million shares worth $3.9 billion, making CoreWeave the centerpiece of its $4 billion tech investment strategy.

The move signals Nvidia's confidence in AI infrastructure plays, even as its own semiconductor business continues breaking earnings records. CoreWeave's stock has surged 120% since February, outpacing many crypto assets during the same period.

While not a direct cryptocurrency play, Nvidia's investment strategy reflects institutional appetite for high-growth tech sectors - a trend that often spills over into digital asset markets. The company maintains positions in five other undisclosed tech firms, suggesting broader sector optimism.