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CoreWeave Stock Rockets To New High Amid New Data Center Leasing Deal

Investor's Business Daily
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CoreWeave (CRWV) stock popped to an all-time high in intraday trading on Tuesday .

The cloud computing software services provider, Nvidia ( NVDA)-backed CoreWeaves signed a long-term data center leasing deal with Applied Digital ( APLD ) Microsoft ( MSFT ) is the company's biggest customer.

Nvidia owns a 7% stake and is a strategic partner.