Applied Digital Stock Soars on AI Data Center Deal with Nvidia-Backed CoreWeave

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Applied Digital Stock Soars on AI Data Center Deal with Nvidia-Backed CoreWeave

Key Takeaways

  • Applied Digital shares popped after the company agreed to lease data center space to CoreWeave.
  • Both companies are backed by Nvidia, the chipmaking giant most associated with the rise of artificial intelligence.
  • Shares of CoreWeave…

Article Source
https://www.investopedia.com/applied-digital-stock-soars-on-ai-data-center-deal-with-nvidia-backed-coreweave-11746792

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