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Nvidia announces new stake in Applied Digital; maintains the interests of Arm Holdings and SoundHound
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Nvidia announces new stake in Applied Digital; maintains the interests of Arm Holdings and SoundHound

Nvidia announces new stake in Applied Digital; maintains the interests of Arm Holdings and SoundHound

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AI chip-making powerhouse Nvidia (NASDAQ:NVDA) has announced a new investment in digital infrastructure solutions developer Applied Digital (NASDAQ:APLD).

As of September 30, Nvidia’s (NASDAQ:NVDA) interests in Applied Digital (NASDAQ: APLD) amounted to approximately 7.72 million shares, worth approximately $63.66 million, according to the chip