When it comes to recent initial public offerings (IPOs), companies like Reddit (NYSE: RDDT) and Tempus AI (NASDAQ: TEM) have stood out due to their strong performance. However, likely the most talked-about company to go public in 2025 is one with strong ties to the most talked-about company in the market, NVIDIA (NASDAQ: NVDA). That company is CoreWeave (NASDAQ: CRWV), an AI cloud infrastructure stock. NVIDIA, the world’s largest semiconductor company, owns approximately 6% of CoreWeave’s outstanding shares. Although it got off to a rocky start, CoreWeave's stock has performed very well since going public, up around 34% as of the May 7 close.
But, despite the buzz around the company because of its ties to NVIDIA, investors should really ask: What does CoreWeave actually do, and how should they view the company going forward? The analysis below will answer these questions.
