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Nvidia's $63M Move: Applied Digital Soars Over 5% on Game-Changing AI Stake

By Yahoo! Finance   |   Nov 15, 2024 at 11:37 AM EST
Nvidia's $63M Move: Applied Digital Soars Over 5% on Game-Changing AI Stake

Nvidia has acquired a 3% stake in Applied Digital, a company specializing in high-performance computing and AI infrastructure. This strategic move reflects Nvidia's commitment to shaping the future of AI, as it invests in key players and integrates its advanced chips into the AI ecosystem.

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