Lenders are getting nervous about CoreWeave. I would still buy Nvidia stock.

Nvidia’s latest quarterly report doesn’t name CoreWeave at all. But it shows $36 billion in commitments under deals with AI cloud partners, typically lasting six years, and up to $3.5 billion in guarantees on data center leases from some of those partners. It also lists a possible maximum loss of $4.7 billion from certain stakes in infrastructure financiers (companies that help finance AI infrastructure).

Together, these items amount to about $44 billion spread over several years – and the filing doesn’t specify how much CoreWeave is involved. (The filing’s much larger guarantee, up to $105 billion on data center leases tied to an OpenAI subsidiary, is another matter.)

As a reminder, Nvidia made an operating profit of $63.7 billion in the second quarter of fiscal 2027 alone (the three months ended July 26, 2026).

Nvidia can absorb a CoreWeave problem

CoreWeave purchases could also represent a small portion of Nvidia’s sales. CoreWeave spent about $14.1 billion on property, plant and equipment in the first half of 2026, and not all of it went to Nvidia. Around the same time, Nvidia’s revenue was around $178 billion.

Even if every dollar spent by CoreWeave had gone to Nvidia, that would represent less than 8% of Nvidia’s sales.

Meanwhile, Nvidia’s profits continue to climb rapidly. Its operating profit rose 124% year over year in the fiscal second quarter, and it was up about 19% from the $53.5 billion in the fiscal first quarter.

Yes, the biggest risk doesn’t just come from CoreWeave. If lenders simultaneously pull out of all debt-funded AI cloud computing companies, orders for Nvidia chips could slow.

However, the stock is probably already expecting some slowdown. Nvidia’s price-to-earnings ratio is only around 14, based on analysts’ average earnings estimate for fiscal 2028 (Nvidia’s next fiscal year). I think that’s a low price for a company whose operating profit has just more than doubled.

Ultimately, CoreWeave’s bond prices are a good warning about how much of AI construction relies on debt. But Nvidia’s own exposure to CoreWeave is small compared to what the chipmaker earns in a quarter. I would still buy Nvidia stock at this price, but in a size suited to the high-risk nature of a growth stock like this.

Should you buy CoreWeave stock right now?

Before buying CoreWeave stock, consider this:

THE Motley Fool Stock Advisor The analyst team has just identified what they think is the 10 best stocks for investors to buy now…and CoreWeave was not one of them. The 10 selected stocks could produce monster returns in the years to come.

Consider when Netflix made this list on December 17, 2004…if you had invested $1,000 at the time of our recommendation, you would have $380,579!* Or when Nvidia made this list on April 15, 2005…if you had invested $1,000 at the time of our recommendation, you would have $1,359,789!*

Now it’s worth noting Equity Advisor the average total return is 931%, an overwhelming outperformance compared to the S&P 500’s 212%. Don’t miss the latest top 10, available with Equity Advisorand join an investor community built by individual investors for individual investors.

See the 10 values ​​»

*Stock Advisor returns October 16, 2026.

Daniel Sparks and its clients do not have positions in any of the stocks mentioned. The Motley Fool Ranks and Recommends Nvidia. The Motley Fool has a disclosure policy.

Lenders are getting nervous about CoreWeave. I would still buy Nvidia stock. was originally published by The Motley Fool