NVIDIA and other investors raised $160 million in financing, Applied Digital's stock price surged more than 65%

Zhitong
2024.09.06 00:20
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After receiving a $160 million investment from NVIDIA and other investors, Applied Digital's stock price surged by over 65%. As of Thursday's close, the company's stock price was $5.37, up 65.74%. This financing will support Applied Digital's development and debt financing plans. Additionally, Applied Digital has become NVIDIA's preferred cloud partner, closely collaborating with them in the field of artificial intelligence