How Nvidia saw $200 million evaporate after CoreWeave’s IPO pricing

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CoreWeave priced its IPO far lower than it originally expected, in a disappointing development for Nvidia

Published: March 28, 2025 at 10:36 a.m. ET

It’s safe to say the pricing of the CoreWeave Inc. initial public offering was a big disappointment for Nvidia Corp. — to the tune of about $200 million.

Nvidia NVDA owns 17,932,460 Class A shares of CoreWeave CRWV, representing 3.8% of the total shares outstanding. At the IPO price of $40 a share, Nvidia’s stake would be valued at $717.3 million.

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