How Nvidia saw $200 million evaporate after CoreWeave’s IPO pricing - MarketWatch
1. CoreWeave's IPO pricing disappointed Nvidia, costing them $200 million. 2. Nvidia holds 17.9 million shares, now valued at $717 million post-IPO. 3. Concerns over economic outlook are affecting investor sentiment towards tech IPOs. 4. CoreWeave, Nvidia’s customer, accounts for 6-7% of Nvidia's revenue. 5. CoreWeave's financing strategy raises risk concerns for Nvidia's supply allocation.