CoreWeave stock surges 14% after announcing Nvidia Vera Rubin NVL72 deployment on its cloud platform.

CoreWeave (CRWV) closed Monday at $124.82, up 13.96%, on news that it was first in the AI infrastructure sector to bring Nvidia's Vera Rubin NVL72 system to the cloud on its rack-scale platform. Trading volume reached 54 million shares, about 90% above its three-month average of 28.4 million shares.

The Vera Rubin system includes Nvidia GPUs, CPUs, advanced microprocessors, and a next-generation high-performance network interface card. Nvidia owned a roughly 11% equity stake in CoreWeave as of March 31.

CoreWeave will be added to the Russell 3000 Index beginning trading on June 27. The company IPO'd in 2025 and has grown 212% since going public.