tw0122
2 hours ago
APLD $8.68 all seen what happened to $SOUN ...Nvidia (NVDA) disclosed a 3.6% stake in Applied Digital (APLD) by purchasing 7.72 million shares worth approximately $63.66 million as of September 30, 2024. This investment boosted Applied Digital’s stock, which saw a significant increase of 7.73% to $7.39 on the day of the announcement. Nvidia’s stake in Applied Digital is its second-largest holding after its investment in Arm Holdings......
, .....Nvidia maintained its investment stakes in Arm Holdings (ARM) (1.96 million shares), Nano-X Imaging (NNOX) (59,632 shares), Recursion Pharmaceuticals (RXRX) (7.71 million shares), Serve Robotics (SERV) (3.73 million shares) and SoundHound AI (SOUN) (1.73 million shares).Nvidia's stake in APLD stock is its second biggest holding after chip designer Arm. Nvidia's Arm investment was worth $280.4 million as of Sept. 30.Follow
Monksdream
4 days ago
About
Applied Digital Corp. is a technology company, which engages in the provision of development and operation of data centers which provide computing power. It operates through the following segments: Cloud Services Business, HPC Hosting Business, and Data Center Hosting Business. The company was founded by Wesley Carl Cummins and Jason Zhang in May 2001 and is headquartered in Dallas, TX. The listed name for APLD is Applied Digital Corporation Common Stock.
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CEO
Wesley Carl Cummins
Employees
150
Headquarters
Dallas, Texas
Founded
2001