Nvidia Reveals 3.6% Stake In Applied Digital, Stock Soars – NVIDIA (NASDAQ:NVDA), Applied Digital (NASDAQ:APLD)

Applied Digital Corp APLD stock is trading higher Friday as Nvidia Corp NVDA gained exposure to the stock.

Nvidia’s 13F fling shows it purchased 7.72 million Applied Digital shares worth $63.66 million as of September 30, 2024, which…