Nvidia Stake Sends This AI Stock Higher Thursday

Key TakeawaysShares of Applied Digital surged in extended trading Thursday after Nvidia reported a stake in the company.Nvidia held a roughly 3% stake in Applied Digital as of Sept. 30, according to a filing with the Securities and Exchange Commission.Applied Digital is a provider of advanced digital infrastructure, designed to support high-performance computing and artificial intelligence applications. Shares of Applied Digital (APLD) surged over 4% in extended trading Thursday after Nvidia (NVDA) reported ...