This Nvidia backed stock is going parabolic

Group 1 - CoreWeave has experienced a significant stock price increase of approximately 20% over the past five days, attributed to a $7 billion data center agreement with Applied Digital, which also saw its shares rise over 63% in the same period [1][3] - The demand for artificial intelligence (AI) infrastructure is surging, and CoreWeave is strategically diversifying its operations, which is expected to benefit Nvidia, holding a 7% stake in CoreWeave [3][5] - Since its IPO in March, CoreWeave's stock has risen 275%, reaching an all-time high of$ 150.50 this week, with Q1 revenue increasing 420% year-over-year to $981.6 million [4][5] Group 2 - CoreWeave has partnered with IBM to provide computing power for IBM's Granite AI models and operates 250,000 Nvidia GPUs, indicating strong operational capabilities [5] - The recent momentum in CoreWeave's stock reflects solid fundamentals and suggests strong upside potential despite potential short-term volatility [5]