CoreWeave shares jumped almost 8% on Monday after the provider of cloud infrastructure for artificial intelligence workloads disclosed an order worth at least $6.3 billion from Nvidia .

Under the terms of the arrangement, Nvidia "is obligated to purchase the residual unsold capacity" through April 2032, CoreWeave said in a filing . The company said it plans to include a copy of the full agreement alongside its third-quarter financial results.

"The agreement reflects the scale, trust, and pivotal role CoreWeave plays in accelerating AI innovation worldwide," a CoreWeave spokesperson said in an email.

CoreWeave already spends heavily on hundreds of thousands of Nvidia graphics processing units, or GPUs, which it then rents out to clients. The company, which went publi

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