Nvidia Reveals 3.6% Stake In Applied Digital, Stock Soars
Nvidia's investment map exposed! Holding about 3% stake in Applied Digital, with the largest stake still being Arm.
nvidia (NVDA.US) holds approximately 7.72 million shares of digital infrastructure solution developer Applied Digital (APLD.US), worth around 63.66 million US dollars.
Nvidia Discloses New Stake in Applied Digital; Maintains Arm Holdings, SoundHound Stakes
Bullish on the AI leader! Applied Digital soared over 4% in pre-market trading, nvidia announced it holds about 3% of the shares.
Applied Digital's pre-market surge exceeded 4%, with filings showing that nvidia holds about 3% of the company's shares. The company focuses on the design and operation of datacenters, aiming to support high-performance computing and ai applications, with first-quarter revenue increasing by 67% year-on-year.
Nvidia Stake Sends This AI Stock Higher Thursday
Applied Digital Shares Are Trading Higher After NVIDIA Added a Stake in the Company.