Dow Jones futures fell slightly overnight, along with S&P 500 futures and Nasdaq futures.Another big inflation report is due before the open, along with earnings from chip-gear giant ASMLASML as well as Goldman SachsGS.

The stock closed up 6.2% on the news. CoreWeave has been seeing scorching-hot growth since it pivoted its business model to AI infrastructure, providing computing capacity to companies like Microsoft, Nvidia, and OpenAI, and it needs new data centers to fuel that growth.

CoreWeave will unveil the project at a CEO roundtable with Trump during an Energy and Innovation Summit at Carnegie Mellon University.

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This is the second time that Nvidia’s permission to sell in China has changed. As widely reported in April, the firm got re-approved to sell chips to China after a dinner meeting between Huang and Trump in the spring, apparently including a tit-for-tat deal in which Nvidia would create new server setups stateside.

We recently published 14 Stocks Jim Cramer Discussed As He Talked About Record Bitcoin Price. CoreWeave, Inc. (NASDAQ:CRWV) is one of the stocks Jim Cramer recently discussed. CoreWeave, Inc. (NASDAQ:CRWV) is an AI and cloud computing infrastructure provider.

The company is benefiting from high demand for computing power to support AI training and inferencing. Over the past couple of years, Nvidia (NASDAQ: NVDA) and Palantir Technologies (NASDAQ: PLTR) have both shown their strengths in artificial intelligence (AI) -- and as a result,

Nvidia (NVDA) made history by beating Microsoft (MSFT) to the race for the $4 trillion market capitalization title. Before that, Apple (AAPL) had its chance. The chances are low that Apple will trade at a similar size to that of Nvidia.