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Investor's Business Daily

Investor's Business Daily

Artificial intelligence kingpin Nvidia reveals new investment in Applied Digital (APLD) stock

Investor's Business Daily
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Nvidia has disclosed a new investment in digital infrastructure solutions provider Applied Digital .

The company designs, builds and operates next-generation data centers and cloud infrastructure for high-performance computing and artificial intelligence industries.

As of Sept. 30 , Nvidia owned 7.72 million shares, worth around $63.66 million .