APLD stock slips after-hours — what’s the Nvidia connection?

APLD stock slips after-hours — what’s the Nvidia connection?

By Aashika Suresh
Publication Date: 2026-02-17 23:27:00

・An earlier 13F filing showed that the chipmaker held 7,716,050 shares of Applied Digital as of the end of September. ・Nvidia had invested in Applied Digital in September 2024 as part of a $160 million financing round. ・Meanwhile, Nvidia has maintained its investment in CoreWeave, and even announced an additional $2 billion investment in the compan…