Nvidia (NVDA) has revealed new stakes in CoreWeave (CRWV) and Coherent (COHR), which reflect Nvidia’s grip on the AI supply chain, from cloud compute to key materials used in next-gen chips.
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Nvidia reported owning 47.2 million shares in CoreWeave, one of the fastest-growing AI cloud providers. Nvidia first invested in CoreWeave in 2021, when it was still a small, GPU-focused cloud startup. CoreWeave was one of the first cloud providers built almost fully on Nvidia hardware, giving Nvidia a strong reason to support its early growth.
The investment points to Nvidia’s push to build a deeper foothold in the AI cloud market, where CoreWeave plans major growth through 2026.
Strategic Position in Coherent
Nvidia also disclosed a 7.8 million share stake in Coherent, a key supplier of materials used in chips, lasers, and optical parts. Coherent is a key part of the supply chain that supports high‑power computing and advanced chip packaging.
Overall, these stakes show Nvidia’s effort to cut supply chain risk as AI workloads grow and to build long‑term growth that goes beyond selling chips alone.
What Is the Prediction for NVDA Stock?
Turning to Wall Street, NVDA stock has a Strong Buy consensus rating based on 40 Buys, one Hold, and one Sell assigned in the last three months. At $280.31, the average Nvidia stock price target implies a 24.4% upside potential.
