NVIDIA
Alphabet Return RateMark, take a look at this one.
US Stock Movement | Applied Digital soars over 15%, skyrocketing more than 70% in 3 trading days
On Wednesday, Applied Digital, a stock related to NVIDIA, soared over 15%, rising more than 70% in three trading days, closing at $12.36. In terms of news, the company announced on Monday that it has signed two 15-year lease agreements with CoreWeave, a professional cloud service provider supported by NVIDIA, which will bring approximately $7 billion in revenue to this data center operator during the lease term. Applied Digital's CEO, Wes Cummins, stated in a statement: "These lease agreements solidify Applied Digital's position as an emerging provider of next-generation artificial intelligence and high-performance computing critical infrastructure. With the newly signed long-term lease agreements with CoreWeave, we are taking a step forward in our strategic expansion towards advanced computing infrastructure."
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
