09:36 AM EDT, 09/15/2025 (MT Newswires) -- CoreWeave ( CRWV ) said in a regulatory filing that it has entered into a new order form with Nvidia ( NVDA ) under an existing master services agreement with an initial value of $6.3 billion.
The master services agreement is for the sale by CoreWeave ( CRWV ) of reserved cloud computing capacity to its clients and gives Nvidia ( NVDA ) access to unsold cloud computing capacity, CoreWeave ( CRWV ) said.
Under the agreement, when CoreWeave's ( CRWV ) datacenter capacity is not fully used by its own clients, Nvidia ( NVDA ) has to buy the residual unsold capacity through April 2032, CoreWeave ( CRWV ) said.
CoreWeave ( CRWV ) shares were up past 5% in recent trading, and Nvidia ( NVDA ) was down 1.2%.
Price: 117.95, Change: +5.99, Percent Change: +5.35